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Howard Hanna Professionals

Olean Office:
410 Wayne Street
Olean, NY 14760
Phone: (716) 372-1155
Fax: (716) 372-7057

Bradford Office:
30 Bolivar Drive
Bradford, PA 16701
Phone: (814) 362-7450
Fax: (814) 362-7451
Bradford Area Website

Smethport Office
104 Forest Ave
Smethport, PA 16749
Phone: (814) 887-7772
Fax: (814) 887-5560

Kane Office
30 Fraley Street
Kane, PA 16735
Phone: (814) 837-8540
Fax: (814) 837-8455

Email: dennispezzimenti@howardhanna.com

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Listing 165 out of 225
$174,900 For Sale

1615 W State Street
Olean-City, NY 14760

2 units | Multi Family Home
13068 sq ft lot - MLS# R1187676
Property Photo
1/17

Description

Solid investment opportunity available, this property produces a 12% cap rate at full asking price, making it very investable. All of the units are rented by tenants with three out of five being long term tenants. The building offers ample parking, the roof has been repaired and replaced over the current owner's tenure of ownership and is on the busiest street in Olean. Call for a showing today

Features

  • # of Parking Spaces: 20
  • Building Area Total: 14675
  • Construction Materials: Block
  • County/Area: Cattaraugus County
  • Elementary School: Washington West Elementary
  • Flooring: Carpet, Hardwood, Vinyl
  • Gross Income: 26332
  • Gross Scheduled Income: 26332
  • Heating: Forced Air, Gas, Forced Air
  • Heating YN: Yes
  • High School: Olean Senior High
  • Inclusions: Land And Building
  • Levels: Two
  • Listing Status: Active
  • Lot Dimensions: 98X135
  • Lot Size: 0.3000
  • Lot Size Area: 13230
  • Lot Size Square Feet: 13230
  • Main Type: Commercial Sale
  • Middle School: Olean Middle
  • Number Of Buildings: 1
  • Operating Expense Includes: Insurance, Water/Sewer
  • Parking Spaces: 20
  • Postal City: Olean
  • Property Type: Multi Family Home
  • Roof: Rubber
  • School District: Olean
  • Special Conditions Details: Standard
  • Sq.Ft.: 14675
  • Stories: 2-Story
  • Stories Total: 2
  • Sub Type: Apartment
  • Tax Annual Amount: 7625
  • Tax Assessed Value: 140300
  • Tax Lot: 50
  • Total Rooms: 9
  • Village: Not Applicable
  • Year Built: 1905
  • Year Built Details: Existing
  • Year Built Effective: 1905
  • Year Established: 1905
  • Zip Code: 14760
  • Zoning: COM 1
  • Zoning Description: Commercial


Howard Hanna Professionals
Howard Hanna Professionals 410 Wayne Street
Olean, NY 14760
Phone: (716) 372-1155
Fax: (716) 372-7057
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