204 North Barry Street
$189,000
8
5
2,950
2,950
$64
Description
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.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.
- Listed by James Dwaileebe • 3D Real Estate LLCP: (716)-307-2300 C: (716)-307-2300 jamesdwaileebe@gmail.com
Property Details for 204 North Barry Street
Styles Of Residence
Fourplex
On WaterfrontNo
Parking DescriptionParking Available
Nearest Cross StreetE State St
LISTING UPDATED: 09/07/2024 10:51 AM
Property Details for 204 North Barry Street
Status | Active |
---|---|
MLS # | B1562789 |
Days on Market | 82 |
Taxes | $3,249 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Residential |
Year Built | 1930 |
Lot Size | 0.15 AC / 6,500 SF |
County | Cattaraugus County |
Building Information for 204 North Barry Street
Stories2Residences4Year Built1930Building Size-Lot Size0.15 AC / 6,500 SF
Property Information for 204 North Barry Street
Property History for 204 North Barry Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 204 North Barry Street
Taxable ValueLand$7,500Additions$53,500Total$61,000
Home Facts
Total Finished SqFt2,247 SqFtAbove Grade Finished SqFt2,247 SqFtStories2Lot Size6,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCATTARAUGUSAPN041200 94.065-4-18
Schools near 204 North Barry Street
This home is within Olean City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 2 to 10 | |||
Public - | 8 to 12 | |||
Public - | PK to 3 | |||
Public - | PK to 3 |
Rating | School | Distance |
---|---|---|
Olean Middle School Public2 to 10 | ||
Olean Senior High School Public8 to 12 | ||
Washington West Elementary School PublicPK to 3 | ||
East View Elementary School PublicPK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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