Listing Courtesy of: James Dwaileebe - 3D Real Estate LLC
716-307-2300
$159,000
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204 N Barry St Olean, NY 14760
Multi-Family
Residence
8
Beds
5
Baths
...
Bed/Bath
2,950
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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.
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MLS#
B1562789
Property Type
Multi-Family
Bedrooms
8
Bathrooms
5 Full
Year Built
1930
Square Feet
2,950
sq. ft
Lot Size
0.15
Sewer
Sewer Connected
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