$189,000
Active
47 Days Online
8 Beds5 Baths2,950 SQFT
Active
204 N Barry St Olean City, NY 14760
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This is a 5 unit apartment complex located in downtown Olean next to JCC. Zoned Commercial. 3 of the units are currently rented by long term tenants that pay on time. The 4th unit is vacant and ready to move in. The 5th unit is under construction. The Broker/Appraiser estimates the gross yearly rent to be $48, 000 annually with a $28, 000 Net profit. The CAP rate at full asking price is 15.8 %. 5 total units, 8 total bedrooms, 5 total bathrooms. Off Street parking. 2 minute walk to downtown Olean.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCattaraugus
- Taxes$3,249
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusActive
- MLS ID NumberB1562789
- Home Size Source Appraiser
- Year Built1930
- Lot Size Acres
- Full Baths5
- Partial BathsN/A
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General Features
- Style Fourplex
- Construction Vinyl Siding
- Parking Parking Available
- Basement Crawl Space
- Number of Stories 222
- Water Public
- Zoning Commercial
- Cross Street E State St
- Property Sub Type Multi Family
- Garage Spaces 0
- Utilities Sewer ConnectedWater Connected
- Listing Conditions Standard
Interior Features
- Cooling Zoned
- Heating GasZoned
- Appliances Gas Water Heater
- Flooring CarpetVariesVinyl
- Fireplaces 0
- Fireplace No
Exterior Features
- Waterfront Property No
- Lot Rectangular
Community Features
- Township Not Applicable
- Senior Community No
- MLS Area Olean-City-041200
Schools
School District
Olean
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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Monthly Payment (Est.)
$950Copyright ©2024 Information is deemed reliable but not guaranteed.