If you are looking for an investment this house is for you! Downstairs unit has three bedrooms, one bath, large kitchen and dining area. Upstairs has two bedrooms, one bath, a huge living room and an office that could be used as a third bedroom. This home has been easy to rent as it is right across from Olean High School. Utilities are separate and both units are being sold with a washer and dryer!
Last Agent to Sell the Property
Christine Young
Listing by Howard Hanna Professionals - Olean License #40YO1152644 Listed on: 07/22/2020
Last Buyer's Agent
Listing by Howard Hanna Professionals - Olean License #10401339430
Home Type
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Flooring
Outdoor Features
Utilities
Listing and Financial Details
Overview
Building Details
$45,000
Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent. The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much
Linda Simons ERA Team VP Real Estate
$45,900
Discover potential in this charming investment property. This property features two spacious apartments, each offering two bedrooms and one bath, ideal for tenants seeking comfortable living spaces. While it requires some renovation work, the potential return on investment is promising. Bring your vision to life with the opportunity to personalize and enhance the property to maximize rental
Tina Perkins RE/MAX On Point
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $80,000 | None Available | |
| Deed | $73,000 | Steven Nuttall | |
| Deed | $73,000 | Steven Nuttall |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $64,000 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | Adjustable Rate Mortgage/ARM |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2021 10/30/21 | Sold | $80,000 | -11.1% | $29 / Sq Ft |
| 08/22/2021 08/22/21 | Pending | -- | -- | -- |
| 08/22/2021 08/22/21 | For Sale | $90,000 | +58.9% | $33 / Sq Ft |
| 10/05/2020 10/05/20 | Sold | $56,650 | -9.4% | $21 / Sq Ft |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 07/22/2020 07/22/20 | For Sale | $62,500 | -- | $23 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,718 | $72,000 | $4,200 | $67,800 |
| 2023 | $2,711 | $72,000 | $4,200 | $67,800 |
| 2022 | $2,750 | $72,000 | $4,200 | $67,800 |
| 2021 | $2,829 | $72,000 | $4,200 | $67,800 |
| 2020 | $2,849 | $72,000 | $4,200 | $67,800 |
| 2019 | $1,081 | $72,000 | $4,200 | $67,800 |
| 2018 | $3,884 | $72,000 | $4,200 | $67,800 |
| 2017 | $2,918 | $72,000 | $4,200 | $67,800 |
| 2016 | $2,887 | $72,000 | $4,200 | $67,800 |
| 2015 | -- | $72,000 | $4,200 | $67,800 |
| 2014 | -- | $72,000 | $4,200 | $67,800 |
M
Seller's Agent in 2021
Mary Pezzimenti
Howard Hanna
7 in this area
11 Total Sales
Buyer's Agent in 2021
Paul Pezzimenti
Howard Hanna
(716) 378-7039
194 in this area
338 Total Sales
C
Seller's Agent in 2020
Christine Young
Howard Hanna
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1280000
APN: 041200-094-056-0008-010-000-0000
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