Closed

$120,000

42 Olcott Pl, Buffalo, NY 14225

6beds

2,409sqft

Duplex, Multi Family

Built in 1917

-- sqft lot

$227,800 Zestimate^®

$50/sqft

$1,626 Estimated rent

Home value

$227,800

$198,000 - $260,000

$1,626/mo

Zestimate^® history

Owner options

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$1,626/mo

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$1,626/mo

Rent Zestimate^®

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$690/mo

Est. payment

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$690/mo

Est. payment

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What's special

Complete tear-off roofNewer flooringUpdated bathCathedral ceilingsNew hot water tankLower storage roomHeating systems

This 3/3 multi-unit is a great investment opportunity. Start your investment portfolio with solid cash flow on this property with a list of updates. The upper unit has an updated bath with a 19x13 bedroom and cathedral ceilings in the living area. Complete tear-off roof in 2023. New hot water tank for upper unit in 2023. Newer flooring in the upstairs unit in 2021 and 2023. 2021 carpeting in lower storage room, staircase to second upper unit and upper living area. Upper unit appliances stay with the property. Downstairs tenants have been there for years and would prefer to stay. Home Warranty Plan including which covers HWT, electrical, plumbing, fridge and heating systems - and is FULLY TRANSFERABLE.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Cathedral Ceiling(s), Window Treatments
Flooring: Carpet, Laminate, Varies, Vinyl
Windows: Drapes
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,409
Total interior livable area: 2,409 sqft

Property

Parking

Parking features: Two or More Spaces, Unpaved

Features

Levels: Two
Stories: 2

Lot

Size: 7,840 Square Feet
Dimensions: 60 x 131
Features: Residential Lot

Details

Parcel number: 1430891013600003003000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding, Copper Plumbing
Foundation: Pillar/Post/Pier
Roof: Asphalt

Condition

Resale
Year built: 1917

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Location

Region: Buffalo

Financial & listing details

Price per square foot: $50/sqft
Tax assessed value: $129,000
Annual tax amount: $4,329
Date on market: 6/16/2023
Cumulative days on market: 83 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
11/29/2023	Sold	$120,000-7.7%$50/sqft
Source: NYSAMLSs #B1477482 Report a problem
9/15/2023	Pending sale	$129,990$54/sqft
Source: NYSAMLSs #B1477482 Report a problem
9/1/2023	Price change	$129,990-3.7%$54/sqft
Source: NYSAMLSs #B1477482 Report a problem
8/21/2023	Price change	$134,999-3.6%$56/sqft
Source: NYSAMLSs #B1477482 Report a problem
8/10/2023	Pending sale	$139,999$58/sqft
Source: HUNT ERA Real Estate #B1477482 Report a problem
8/9/2023	Contingent	$139,999$58/sqft
Source: NYSAMLSs #B1477482 Report a problem
7/24/2023	Price change	$139,999-5.4%$58/sqft
Source: NYSAMLSs #B1477482 Report a problem
7/13/2023	Price change	$148,000-4.5%$61/sqft
Source: NYSAMLSs #B1477482 Report a problem
7/5/2023	Pending sale	$154,900$64/sqft
Source: NYSAMLSs #B1477482 Report a problem
6/23/2023	Price change	$154,900-8.8%$64/sqft
Source: NYSAMLSs #B1477482 Report a problem
6/16/2023	Listed for sale	$169,900+123.6%$71/sqft
Source: NYSAMLSs #B1477482 Report a problem
2/25/2021	Listing removed	--
Source: Owner Report a problem
8/18/2020	Listing removed	$900
Source: Owner Report a problem
7/14/2020	Listed for rent	$900
Source: Owner Report a problem
1/21/2020	Sold	$76,000-23.9%$32/sqft
Source: NYSAMLSs #R1237290 Report a problem
12/28/2019	Pending sale	$99,900$41/sqft
Source: RE/MAX Hometown Choice #R1237290 Report a problem
11/10/2019	Listed for sale	$99,900+132.3%$41/sqft
Source: RE/MAX Hometown Choice #R1237290 Report a problem
10/17/2013	Sold	$43,000+30.3%$18/sqft
Source: Public Record Report a problem
5/1/2013	Sold	$33,000-33.9%$14/sqft
Source: Public Record Report a problem
3/3/2013	Listed for sale	$49,900$21/sqft
Source: Owner #B422821 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$129,000
2024	--	$129,000
2023	--	$129,000
2022	--	$129,000 +20%
2021	--	$107,500 +109.6%
2020	--	$51,300
2019	--	$51,300
2018	--	$51,300
2017	$2,796 +53.1%	$51,300 -11.7%
2016	$1,827	$58,100
2015	--	$58,100
2014	--	$58,100 +61.4%
2013	--	$36,000
2012	--	$36,000
2011	--	$36,000
2010	--	$36,000 -6.5%
2009	--	$38,500
2008	--	$38,500 +31%
2007	--	$29,400 -13%
2006	--	$33,800
2005	--	$33,800
2004	--	$33,800
2003	--	$33,800 -7.1%
2002	--	$36,400
2001	--	$36,400
2000	--	$36,400