$133,623*
●
Multifamily -
Off Market
109 West Green Street
Olean, NY 14760
Studio
0 Bath
4224 Sqft
$92,000 - $112,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
New updates have been done to the exterior of this investment
property. 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
The manager has listed the unit size as 4224 square feet.
The manager has listed the unit size as 4224 square feet.
Unit Size
4,224Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$24
Property Type
Multifamily
Property Taxes
$4,190
HOA Dues
-
Year Built
1895
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 31, 2020 | Price Increased |
$102,900
↑ $7K
(7.3%)
|
|
| Price Increased | |||
| Aug 11, 2020 | Price Decreased |
$95,900
↓ $4K
(4%)
|
|
| Price Decreased | |||
| Jul 16, 2020 | Listed | $99,900 | |
| Listed | |||
| Sep 15, 2015 | Sold | $80,000 | |
| Sold | |||
Property Highlights
109 West Green Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/16/2020
|
|
Studio
|
-
|
4224 ft²
|
$99,900
Studio
-
4224 ft²
|
-
-
|
-
|
-
|
Building Info
