Closed

$55,000

116 N 4th St N, Olean, NY 14760

5beds

2,116sqft

Multi Family

Built in 1900

-- sqft lot

$108,000 Zestimate^®

$26/sqft

$1,364 Estimated rent

Home value

$108,000

$80,000 - $139,000

$1,364/mo

Zestimate^® history

Owner options

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$1,364/mo

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$1,364/mo

Rent Zestimate^®

Refinance and save

$345/mo

Est. payment

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$345/mo

Est. payment

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What's special

Great Investment Opportunity! This 2 story house is a 4 unit apartment complex. The downstairs offers a 2 bedroom, 1 full bath unit, and a 1 bedroom, 1 full bath unit. The upstairs offers two 1 bedroom, 1 bathroom units. 3 out of the 4 units are currently rented with a total income of $1,650 per month. One of the upstairs apartments is not rented and needs to be updated, and then it can be rented for additional income. There is a large gravel driveway with street parking available as well. The property has natural gas heating with public water and sewer. Just a short walk to the Olean High School, and is located just off West State Street for all the amenities. Perfect opportunity at a great price.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Other, See Remarks
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,116
Total interior livable area: 2,116 sqft

Property

Parking

Parking features: Gravel

Features

Levels: Two
Stories: 2

Lot

Size: 6,041 sqft
Dimensions: 40 x 151
Features: Residential Lot

Details

Parcel number: 04120009406500110560000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding

Condition

Resale
Year built: 1900

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Location

Region: Olean

Other

Other facts

Listing terms: Other,See Remarks

Price history

Date	Event	Price
1/26/2024	Sold	$55,000-21.3%$26/sqft
Source: NYSAMLSs #S1503373 Report a problem
10/10/2023	Pending sale	$69,900$33/sqft
Source: NYSAMLSs #S1503373 Report a problem
10/10/2023	Listed for sale	$69,900$33/sqft
Source: NYSAMLSs #S1503373 Report a problem
10/1/2023	Listing removed	--
Source: NYSAMLSs #S1452984 Report a problem
4/5/2023	Listed for sale	$69,900$33/sqft
Source: NYSAMLSs #S1452984 Report a problem
3/16/2023	Pending sale	$69,900$33/sqft
Source: NYSAMLSs #S1452984 Report a problem
1/26/2023	Listed for sale	$69,900$33/sqft
Source: NYSAMLSs #S1452984 Report a problem