Address
234 N Union Street, Olean-City, NY
Price
$ 414,000
Property Attributes
- MLS#B1477934
- TypePending
- CountyCATTARAUGUS
- CityOlean-City
- AreaOlean-City
- Zip14760
- StyleMultiFamily
- Year Built1850
- Taxes$ 2770
- Price$ 414,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage15936
- Lot Size0.453352 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description
This excellent mixed use investment property sits in downtown Olean within walking distance of JCC, and has 2 separate businesses with 12 enclosed offices with additional cubical space in 1, and 5 enclosed offices in the other. On the second floor there are 3 2 bedroom apartment units with long term tenants, ample amounts of storage space, and a huge conference/training room. Updates on the building include a flat roof over a portion of the building, and shingles on the other 2020, electrical updated 2022, 2 new boilers 2021, plumbing within the last 5 years, and a new sewage line installed last year. There is a huge parking lot behind the building that connects to JCC. This building has all that you can ask for in an investment property, and will not last long. Please allow 24 notice for the tenants in the building when booking a showing. This listing is listed as commercial MLS#B1473075 & Residential MLS#B1473075
| Price History | |
|---|---|
| 6/30/2023 | Listed $459,000 |
| 8/17/2023 | 54% - $214,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Gas,ForcedAir |
| Utilities | SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Asphalt,Flat |
| Appliances | GasWaterHeater |
| Garage Spaces | 0.0 |
| Construction Materials | Brick |
| Year Built | 1850 |
| Stories | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property SubType | MultiFamily |
| OwnerPays | Electricity,Heat,Water |
| County | Cattaraugus |
| Net Operating Income | -2770.0 |
| Property Type | Residential |
| Rent Includes | Electricity,Heat,Water |
| Status | Pending |
| Directions | Turn right off of Wayne St. and its a couple of blocks down. |
| City | Olean-City |
| High School District | Olean |
| Zoning Description | Commercial |
| Total Units | 3 |
| MLS Area | Olean-City-041200 |
| Lot Size Square Feet | 19748.0 |
| Waterfront Y/N | No |
| Street Name | Union |
| Year Built Details | Existing |
| Tax Annual Amount | 2770.0 |
| Property Condition | Resale |
| Days on Market | 69 |
| Standard Status | Pending |
| Middle/Junior School District | Olean |
| Elementary School District | Olean |
| Tax Assessed Value | 315300 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 52 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Carpet,Laminate,Varies |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Half Baths | 1 |
| Street Suffix | Street |
| Total Bedrooms | 4 |
| Total Baths | 3 |
Exterior Features
| Parking Features | ParkingAvailable |
|---|---|
| Water Source | Connected,Public |
| Lot Size Area | 0.4533 |
| Building Area Total | 15936.0 |
| Lot Dimensions | 95X207 |
| Lot Size Acres | 0.4533 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 1 |
| Number of Separate Electric Meters | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 14760
Price
Taxes
Visits
Year Built
Walkscore
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: 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 NextHome
