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    109 W Green Street

    Olean-City, NY 14760
    • $95,900
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: R1279759
    UPDATED: 38 min ago
    $95,900
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $23
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1895
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This 6 unit apartment building in South Olean has a great history of income production. Centrally located, this property is easy to rent and provides a good value. The property is in need of some repair, but still is producing income steadily. Utilities are water:$200 gas:$225, electric:$275 all paid by landlord. Gross rent is $3,400 per month, taxes are $350 per month. Net rent of about $1,700 per month (including operating and vacancy expense). Cap rate of 20.4% with 10% vacancy and 8.5% operating expenses

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    ©2020 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2020-09-26T19:13:48.123.
    www.nnywaterfronthomes.com/homes/108031380
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    109 W Green Street Olean-City, NY 14760

    • Price: $95,900
    • Status: Active
    • Updated: 38 min ago
    • MLS #: R1279759
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,224
    SQFT
    $23
    $/SQFT
    1895
    Built
    Neighborhood:
    Olean-City-041200
    County:
    Cattaraugus
    Area:
    Olean-City-041200
    Elementary School:
    Washington West Elementary
    Middle School:
    Olean Middle
    High School:
    Olean Senior High
    School District:
    Olean
    Property Description
    This 6 unit apartment building in South Olean has a great history of income production. Centrally located, this property is easy to rent and provides a good value. The property is in need of some repair, but still is producing income steadily. Utilities are water:$200 gas:$225, electric:$275 all paid by landlord. Gross rent is $3,400 per month, taxes are $350 per month. Net rent of about $1,700 per month (including operating and vacancy expense). Cap rate of 20.4% with 10% vacancy and 8.5% operating expenses
    Exterior Features

    Construction Materials Wood SidingCopper Plumbing Exterior Features Concrete Driveway Lot Features Residential Lot Parking Features Three Or More Spaces Road Frontage Type City Street Roof Asphalt Waterfront YN No

    Interior Features

    Appliances Electric OvenElectric RangeGas OvenGas RangeRefrigerator Basement Full Fireplace YN No Fireplaces Total 0 Flooring CarpetLaminateVaries Heating GasForced Air Heating YN Yes Interior Features High Speed Internet Levels Two

    Property Features

    Electric Circuit Breakers Listing Terms CashConventionalLand ContractLease Option Possession Close Of Escrow Property Sub Type Other Rent Includes All UtilitiesCommon Area Maintenance Sewer Connected Special Listing Conditions Standard Tax Annual Amount 4190 Utilities Cable AvailableSewer ConnectedWater Connected Water Source ConnectedPublic

    Listing information © 2020 CNYIS, GENRIS, WNYREIS. Listing provided courtesy of Howard Hanna Professionals.
    ©2020 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2020-09-26T19:13:48.123.
     
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    WEICHERT, REALTORS® - Thousand Islands Realty
    306 James Street
    Clayton NY, 13624