$250,000
SOLD JUN 26, 2013

348 Hamilton Ave Olean, NY 14760

-- Bed
-- Bath
4,440 Sq Ft
0.34 Acres

Recently Sold

$56 Per Sq Ft

3% Below List Price

108 Days on Market

Highlights

  • 0.34 Acre Lot
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of December 2017

Location close to golf course & hospital is a key factor for this 4unit apartment building in excellent condition. Each unit has 2 BR's, bath, living/dining room, patio and garage. This is an excellent investment opportunity.

Last Agent to Sell the Property

Dennis Jones

Listing by No Office Affiliation License #37JO0862466 Listed on: 02/11/2013

Last Buyer's Agent

Alberta Riggs

Listing by No Office Affiliation License #30RI0303247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,935

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100

Interior Spaces

  • 4,440 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Free-Standing Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • 4 Car Garage
  • Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes grounds maintenance, heat, hot water, lawn maintenance, snow removal, water
  • Assessor Parcel Number 041200-094-042-0004-026-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,935

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Age: 43
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 175000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • L P Per Acre: 761764.7100
  • List Price per Sq Ft: 58.3333
  • Nearest Cross Street: Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 735294.12
  • Ratio Close Price By Sq Ft: 56.31
  • Ratio List Price By Acres: 761764.71
  • Ratio List Price By Sq Ft: 58.33
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Grounds Maintenance, Heat, Hot Water, Lawn Maintenance, Snow Removal, Water
  • School Tax: 4203
  • Sale Price List Price: 0.9652
  • S P Per Acre: 735294.1200
  • S P Per Sq Ft: 56.3100
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 259000.00
  • Year Built Description: Existing
  • Age of Building: 52
  • Year Built: 1970
  • Directions To Property: Main Street in Olean to Hamilton Avenue - building is on the left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 16
  • Total Sq Ft: 4440

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.3400

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-042-0004-026-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 8935

MLS Schools

  • School District Name: Olean

Similar Home in Olean, NY

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    This Prime 3000+ sqft Mixed Use Property located on a corner parcel offers endless potential. The property features 25+ parking spaces and separate entrances for both units. The first floor of this property had been used previously as a salon and has now been turned into a freshly painted blank canvas. The second floor of the property is a two bedroom one bath apartment with a separate entrance.

    Alicia Wittman WNY Metro Roberts Realty

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $225,000 -13.1% $51 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $259,000 +3.6% $58 / Sq Ft
06/26/2013 06/26/13 Sold $250,000 -3.5% $56 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $259,000 -- $58 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B423353

Western New York Real Estate Information Services (WNYREIS)