$88,000
$94,900
7.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,052 SqFt
SOLD DATE : 06/13/2025
Key Details
Sold Price $88,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,052 sqft
Price per Sqft $42
MLS Listing ID R1594220
Sold Date 06/13/25
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1915
Annual Tax Amount $1,692
Lot Size 2,800 Sqft
Acres 0.0643
Lot Dimensions 28X100
Property Sub-Type Multi Family
Property Description
This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and bathrooms. The roof is just 2 years old, and most of the windows have been replaced. The home also boasts new carpet, fresh paint, and updated fixtures throughout, all completed within the last 10 years. Additionally, the property has separate utilities, with two new hot water tanks and a furnace that's only 1 year old upstairs (the downstairs furnace is 8 years old). Currently, both units are occupied with below-market rents at $725 and $625, offering plenty of room for rental income growth. Invest in yourself!!! Don't miss out on this great opportunity!
Location
State NY
County Cattaraugus
Area Olean-City-041200
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Olean
Others
Senior Community No
Tax ID 041200-094-073-0006-009-000-0000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Financing Cash
Special Listing Condition Standard
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