Skip To Content

311 N 6th Street

Olean-City, NY 14760
  • $146,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: R1387207
Price Reduced
UPDATED: 38 min ago
$146,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,782
    SQFT
  • $39
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Information

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

Description

This 5-unit rental property is ready to go with a 17.35% cap rate (see the last picture). With several updates including a new furnace, some new drywall, and has a brand new roof (Jan 2022). There is one parking space for tenants on the property. There are refrigerators and oven/ranges for each of the units and 2 sets of washers and dryers that the landlord owns. Three of the units are heated with electric baseboard (all but one paid by tenants), and the others are with furnaces with one of the furances being brand new. The studio apartment water and electric is paid by the landlord. Water is $80-120 per month and electric for the studio is about $30.

Monthly Payment Calculator

©2022 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 Avant 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 Avant Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-05-16T00:13:48.393.
www.avantrealty.com/homes/125251681
Print Image

311 N 6th Street Olean-City, NY 14760

  • Price: $146,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 38 min ago
  • MLS #: R1387207
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,782
SQFT
$39
$/SQFT
1910
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 5-unit rental property is ready to go with a 17.35% cap rate (see the last picture). With several updates including a new furnace, some new drywall, and has a brand new roof (Jan 2022). There is one parking space for tenants on the property. There are refrigerators and oven/ranges for each of the units and 2 sets of washers and dryers that the landlord owns. Three of the units are heated with electric baseboard (all but one paid by tenants), and the others are with furnaces with one of the furances being brand new. The studio apartment water and electric is paid by the landlord. Water is $80-120 per month and electric for the studio is about $30.
Exterior Features

Construction Materials Wood Siding Exterior Features Concrete Driveway Garage YN No Lot Features Residential Lot Parking Features One SpaceNo Garage Road Frontage Type City Street Roof Asphalt Waterfront YN No

Interior Features

Appliances DryerElectric OvenElectric RangeElectric Water HeaterGas Water HeaterRefrigeratorSee RemarksWasher Basement None Fireplace YN No Fireplaces Total 0 Flooring LaminateVaries Heating ElectricGasBaseboardForced Air Heating YN Yes Interior Features Programmable Thermostat Levels Two

Property Features

Electric Circuit Breakers Gross Income 33000 Listing Terms CashConventional Possession Close Of Escrow Property Sub Type Other Rent Includes OtherSee RemarksWater Sewer Connected Special Listing Conditions Standard Tax Annual Amount 2435 Utilities Cable AvailableHigh Speed Internet AvailableSewer ConnectedWater Connected Water Source ConnectedPublic

Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing provided by Paul Pezzimenti of Howard Hanna Professionals : 716-372-1155.
©2022 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 Avant 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 Avant Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-05-16T00:13:48.393.
 
https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_R1387207-2.jpg https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_R1387207-2.jpg https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_R1387207-2.jpg
Logo
Avant Realty
8180 Main Street, Suite 2
Williamsville NY, 14221