Estimated Value: $109,000 - $181,000
well maintained Multi-Family (3 unit) in desirable Olean neighborhood with good rental history. Walking distance to downtown shopping and Oak Hill Park. Perfect opportunity for owner to occupy > large 1st floor residence and pay most expenses with monthly rental income from 2 upstairs apartments. Recent updates/improvements include new steam boiler (2015), 3 new water heaters (2015 and 2018), new front porch rubber roof (2017), new vinyl replacement windows in 1BR apartment (2015). Monthly gas bill $208.86 on budget. Owner is listing agent
Last Listed By
Sean Fitzpatrick
Listing by Howard Hanna Lake Group License #10401322350 Listed on: 11/29/2018
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Kitchen
Flooring
Parking
Schools
Utilities
Listing and Financial Details
Overview
Building Details
$144,900
Newer boiler. Newer flooring. Off street parking. Attached two car garage for on site maintenance supplies tools and equipment or collect additional rent for garage space. One of the two upstairs units is currently vacant. Very large apartment downstairs could be remodeled, with relative ease to create an additional rental unit.
Lisa Darling Homestar Realty
$135,000
Discover the perfect blend of space, location, and investment potential at this very well-maintained two-family home in the heart of Olean. Offering nearly 3,000 sq. ft. of finished living space, this versatile duplex features 5+ bedrooms, 2 full bathrooms, and two fully equipped kitchens—ideal for owner-occupants, investors, or multi-generational living. The fully renovated lower unit highlights
Greg Spako ERA Team VP Real Estate
$159,000
Fully occupied with long term tenants. Four Units with Large basement for additional storage to keep all maintenance tools and equipment at location. Possible additional rental space with the detached two car garage.
Lisa Darling Homestar Realty
$149,900
Welcome to our meticulously remodeled duplex, a charming retreat steeped in the rich history of the 1850s, now available as your exclusive Airbnb destination. Nestled in the heart of Olean, this unique residence seamlessly blends historic allure with modern comforts, promising an unforgettable stay. Lower unit has eat in kitchen with all new appliances, separate dining room, living room and 2
Kelly Patrone Howard Hanna Professionals
$179,000
This well-maintained duplex offers a fantastic income property opportunity with significant potential for returns. Featuring an upper 2-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, the property has been updated with new carpets, windows, and electric systems. They are also Furnished with Appliances, and both are ready for you to rent out immediately, at a suggested rate in the
Claudia Attard-Keary Premier Listings Real Estate
$119,000
Multi Family duplex centrally located in the city of Olean. Off street parking, newer roof, new windows, Beautiful wood work, hardwood floors, High ceilings, Front porch. Each apartment has 2 bedrooms and One full bathroom. The upsatirs is currently rented. The lower is vacant but ready to rent. 13% ROI based on asking price.
James Dwaileebe 3D Real Estate LLC
$115,000
Three bed one and a half bath home with 2)one bedroom apartments detached in the back. Take advantage of this home with a first floor laundry and an oversized kitchen with plenty of cupboard and counter space. Main house has a car port for parking your vehicle with one other space for back tenants. Apartments out back have a patio for the downstairs and a covered porch for the upstairs. This
Rebecca Laborde Premier Listings Real Estate
$119,900
Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly
Mason Meggo HUNT Real Estate Corporation
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Firkel Ltd | $70,000 | None Available | |
| Panther Dev Llc | $96,000 | None Available | |
| Panther Dev Llc | $96,000 | None Available | |
| Fitzpatrick Sean M | $84,000 | Gregory Shemeld | |
| Yorke Revocable Trust Judith | -- | Kameron Brooks |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Firkel Ltd | $1,387,200 | |
| Previous Owner | Panther Dev Llc | $230,000 | |
| Previous Owner | Panther Dev Llc | $230,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2019 03/08/19 | Sold | $96,000 | -8.6% | $22 / Sq Ft |
| 12/05/2018 12/05/18 | Pending | -- | -- | -- |
| 11/29/2018 11/29/18 | For Sale | $105,000 | +25.0% | $24 / Sq Ft |
| 07/02/2014 07/02/14 | Sold | $84,000 | -6.6% | $19 / Sq Ft |
| 05/22/2014 05/22/14 | Pending | -- | -- | -- |
| 04/16/2014 04/16/14 | For Sale | $89,900 | -- | $21 / 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 | $5,841 | $92,000 | $5,000 | $87,000 |
| 2023 | $3,464 | $92,000 | $5,000 | $87,000 |
| 2022 | $3,514 | $92,000 | $5,000 | $87,000 |
| 2021 | $3,615 | $92,000 | $5,000 | $87,000 |
| 2020 | $3,640 | $92,000 | $5,000 | $87,000 |
| 2019 | $1,381 | $92,000 | $5,000 | $87,000 |
| 2018 | $4,992 | $92,000 | $5,000 | $87,000 |
| 2017 | $3,729 | $92,000 | $5,000 | $87,000 |
| 2016 | $3,688 | $92,000 | $5,000 | $87,000 |
| 2015 | -- | $92,000 | $5,000 | $87,000 |
| 2014 | -- | $92,000 | $5,000 | $87,000 |
S
Seller's Agent in 2019
Sean Fitzpatrick
Howard Hanna
Buyer's Agent in 2019
Claudia Attard-Keary
Premier Listings Real Estate
(716) 307-8894
310 Total Sales
Seller's Agent in 2014
Dennis Pezzimenti
Howard Hanna
(716) 378-8989
58 Total Sales
M
Buyer's Agent in 2014
Michelle Fitzpatrick-Baer
Howard Hanna
(716) 378-4271
23 Total Sales
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1160684
APN: 041200-094-065-0001-044-000-0000
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