203 N Clinton St

Beds
Baths
4,140 Sq. Ft.
$167 / Sq. Ft.
4,140
Sq. Ft.
$167
per Sq. Ft.

Description

12.3% CAP RATE ($92,181 income after taxes, vacancy expense 10%, maintenance expense 10%, and insurance $3,000). Ready to go 17 unit portfolio featuring 203-205 N Clinton Street which is a fully remodeled large four-unit with four three-bedroom apartments; 113 S 6th St which is a fully remodeled seven-unit with five one-bedroom apartments, two two-bedroom apartments, and a garage; 521 Second Ave which is a 4 unit with three two-bedrooms and one one-bedroom apartment; and 316 N 5th Street which is...12.3% CAP RATE ($92,181 income after taxes, vacancy expense 10%, maintenance expense 10%, and insurance $3,000). Ready to go 17 unit portfolio featuring 203-205 N Clinton Street which is a fully remodeled large four-unit with four three-bedroom apartments; 113 S 6th St which is a fully remodeled seven-unit with five one-bedroom apartments, two two-bedroom apartments, and a garage; 521 Second Ave which is a 4 unit with three two-bedrooms and one one-bedroom apartment; and 316 N 5th Street which is a spacious duplex with three bedrooms in each unit. At the time of listing the property is fully occupied with all tenants paying rent. Property includes Tax Map IDs: 94.050-1-31; 94.056-8-21;
94.064-13-40; 94.064-13-41; 94.065-7-8
  1. Listed by Paul Pezzimenti • Howard Hanna Professionals
    P: (716)-378-7039 C: (716)-378-7039 PaulPezzimenti@howardhanna.com

Property Details for 203 North Clinton Street

Has Waterfront
No
LISTING CLOSED: 05/02/2022 12:00 AM

Property Details for 203 North Clinton Street

StatusClosed
MLS #R1352770
Days on Market163
Taxes$16,742 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeOther
MLS TypeMulti Family / Other
Year Built1935
Lot Size0.09 AC / 3,750 SF
CountyCattaraugus County

Location

Listing Courtesy of Howard Hanna Professionals

Sold By Howard Hanna Professionals

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Building Information for 203 North Clinton Street

Stories2Residences17Year Built1935Lot Size0.09 AC / 3,750 SF

Payment Calculator

$4,834 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,438

Property Taxes

$1,395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 203 North Clinton Street

Summary
Location and General Information
  • Cross Street: West State Street
  • Directions: Various locations
  • Latitude: 42.076723
  • Longitude: -78.43726
  • MLS Area Major: Olean-City-041200
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 041200-094-064-0013-041-000-0000
  • Tax Annual Amount: $16,742.00
  • Tax Assessed Value: 349100
School Information
  • Elementary School: Washington West Elementary
  • Elementary School District: Olean
  • High School: Olean Senior High
  • High School District: Olean
  • Middle Or Junior School: Olean Middle
  • Middle Or Junior School District: Olean
Parking
  • Parking Features: One Space, Driveway, Garage Door Opener, Shared Driveway
Property
Lot Information
  • Lot Features: Residential Lot
  • Lot Size Acres: 0.0861
  • Lot Size Area: 0.0861
  • Lot Size Units: Acres
  • Lot Size Dimensions: 37X100
  • Lot Size Square Feet: 3750.0
  • Road Frontage Type: City Street
Property and Assessments
  • Building Area Total: 4140.0
  • Living Area: 4140.0
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Property Type: Multi Family
  • Year Built: 1935
  • Year Built Details: Existing
Building Features
  • Construction Materials: Vinyl Siding, Wood Siding, Copper Plumbing, Pex Plumbing
  • Levels: Two
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Appliances Negotiable, Common Water Heater, Electric Water Heater, Gas Water Heater
  • Basement: Full, Partial
  • Has Basement: Yes
  • Has Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies, Vinyl
  • Heating: Gas, Forced Air, Space Heater
  • Has Heating: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork, Programmable Thermostat
Exterior Features
  • Community Features: None
  • Exterior Features: Blacktop Driveway, Concrete Driveway, Gravel Driveway
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
Multi Family
Multi Family Information
  • Number Of Units Total: 17
Income & Expenses
  • Gross Income: $136,500
  • Net Operating Income: $75,439
  • Operating Expense: $44,319.00
  • Operating Expense Includes: Insurance, Maintenance, Water Sewer
Rental
Rent Information
  • Rent Includes: Water

Property History for 203 North Clinton Street

DateEvent & SourcePriceAppreciation
May 2, 2022

Sold

New York State Alliance of MLSs (Buffalo) #R1352770

$690,000
Dec 26, 2021

Pending

New York State Alliance of MLSs (Buffalo) #R1352770

Jul 17, 2021

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1352770

$750,000
DateEvent & SourcePrice
05/02/2022

Sold

New York State Alliance of MLSs (Buffalo) #R1352770

$690,000
12/26/2021

Pending

New York State Alliance of MLSs (Buffalo) #R1352770

07/17/2021

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1352770

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 203 North Clinton Street

Taxable ValueLand$6,500Additions$81,500Total$88,000
Tax Record2025$7,554 ($630 / month)
Home Facts
Total Finished SqFt4,624 SqFtAbove Grade Finished SqFt4,624 SqFtUnfinished Basement SqFt2,280 SqFtStories1Lot Size5,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCATTARAUGUSAPN041200 94.065-7-8

Schools near 203 North Clinton Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 8
Public - 8 to 12
Public - PK to 3
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public3 to 8

Olean Senior High School
Public8 to 12

Washington West Elementary School
PublicPK to 3

East View Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard Hanna Professionals

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