Price Reduction
Address
514 W State Street, Olean-City, NY
Price
$ 224,900
Property Attributes
  • MLS#B1512669
  • TypeCommercial
  • CountyCATTARAUGUS
  • CityOlean-City
  • AreaOlean-City
  • Zip14760
  • StyleApartment
  • Year Built1910
  • Taxes$ 5487
  • Price$ 224,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9180
  • Lot Size6,846 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description

Great investment opportunity! TWO Commercial fronts (One occupied at this time). Four upper apartments all occupied. Highly visible and located on West State Street. This 6 unit Commercial / Residential building features 6100 sqft of opportunity! NEW Roof 2022. Some new windows. Upper four rentals total 3060 sqft. One 2bed1bath and three 1bed1bath Off street parking with 3-4 spaces in the rear. Don't miss this opportunity to feature your own business while having rental oncome or commercial investment.

Price History
12/5/2023 Listed $239,000
4/22/2024 6% - $224,900

General Features

Heating Gas,Individual,ForcedAir
Cooling Item1Unit
Utilities WaterConnected
Possession CloseOfEscrow
Roof Metal,Other,SeeRemarks
Zoning COM-1
Year Built 1910
Stories 2
Township Not Applicable
Levels Two
Property SubType Apartment
County Cattaraugus
Property Type CommercialSale
Possible Use Residential,Retail,Service
Status Active
Directions From N Union to W State
City Olean-City
High School District Olean
Zoning Description Commercial
MLS Area Olean-City-041200
Lot Size Square Feet 6846.0
Waterfront Y/N No
Street Name State
Year Built Details Existing
Tax Annual Amount 5487.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 139
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 100000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 13
Property Sub Type Additional Apartment,MixedUse,Commercial

Interior Features

Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features Common,ParkingFee
Water Source Public
Total Parking 4.0
Inclusions Building Only
Lot Size Area 0.1572
Number of Buildings 1
Building Area Total 9180.0
Lot Dimensions 42X163
Lot Size Acres 0.1572
Lot Size Units Acres

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 Commercial Average in 14760

Price
AVG $430K
$220K
Taxes
AVG $31,377
$5,487
Visits
AVG 96
128
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1910

Areas We Cover

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