111 North Clinton Street

Olean, NY 14760

$64,900
Price
9
Beds
4
Baths
1
1/2 Bath
4,574 Sq. Ft.
$14 / Sq. Ft.
4,574
Sq. Ft.
$14
per Sq. Ft.

Description

Investment Opportunity! This Four Unit Rental House Is Available And On The Market! Apartment Layout Includes a Two Bedroom, Three Bedroom, Four Bedroom, Plus a Basement Studio. The Basement Studio is Currently Rented. The Other Apartments Are In Need Of Rehab To Be Rented. Recently This Building Has Been Converted From a Boarding Style House Into Single Family Apartments And Once Rehabbed Will Be In Full Compliance With City Codes And Ordinances. Professionally Managed And The Current Management...Investment Opportunity! This Four Unit Rental House Is Available And On The Market! Apartment Layout Includes a Two Bedroom, Three Bedroom, Four Bedroom, Plus a Basement Studio. The Basement Studio is Currently Rented. The Other Apartments Are In Need Of Rehab To Be Rented. Recently This Building Has Been Converted From a Boarding Style House Into Single Family Apartments And Once Rehabbed Will Be In Full Compliance With City Codes And Ordinances. Professionally Managed And The Current Management Company Would Continue Management If Requested. Estimated Gross Rental Income Is Projected To Be $4000.00 Per Month Fully Occupied And Operating. Building Utilities Must Be Included In The Rent As They Are Not Separated Between Apartments. This Building Is Owned By A Licensed Real Estate Broker.
  1. Listed by Todd E VanDyke • RE/MAX On Point
    P: 716-373-7325 C: 716-581-0724 todd@vandykeagency.com

Property Details for 111 North Clinton Street

Styles Of Residence
Fourplex
On Waterfront
No
Parking Description
Paved
Nearest Cross Street
North Union Street

Location

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LISTING UPDATED: 04/25/2024 12:54 PM

Property Details for 111 North Clinton Street

StatusPending
MLS #B1530221
Days on Market20
Taxes$5,413 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.12 AC / 5,278 SF
CountyCattaraugus County

Location

Listing Courtesy of RE/MAX On Point
Add your commute

Building Information for 111 North Clinton Street

Stories3Residences4Year Built1900Building Size-Lot Size0.12 AC / 5,278 SF

Payment Calculator

$805 per month

30 year fixed, 7.25% Interest

Principal and Interest

$354

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 North Clinton Street

Summary
Location and General Information
  • Elementary School District: Olean
  • High School Name: Olean Senior High
  • High School District: Olean
  • Middle Or Junior School District: Olean
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $5,413.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4574.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.1212
  • Lot Size Area: 0.1212
  • Lot Size Square Feet: 5278.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-065-0007-014-000-0000
  • Road Frontage: City Street
  • Lot Number: 14
Property and Assessments
  • Property Condition: Resale, Fixer
  • Assessed Value: $100,000
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Deck, Fence
  • Fencing: Partial
  • Foundation Description: Block
  • Patio And Porch Features: Deck
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 9
  • HVAC Type: Zoned
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies, Vinyl
  • Heating: Gas, Zoned, Forced Air
  • Heating YN: Yes
  • Interior Features: Attic, Ceiling Fans, Storage, Natural Woodwork
  • Sq Ft Total: 4574.0
  • Main Level Bathrooms: 0
  • Window Features: Leaded Glass
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Other, See Remarks
  • Stories: 3
  • Stories Total: 3
Unit 1
  • Unit Type Actual Rent: $495.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Features: Oven/ Range,Refrigerator,Other - See Remarks
  • Unit Type Total Rent: $495.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 495
Unit 2
  • Unit Type Actual Rent: $1,138.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,138.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1138
Unit 3
  • Unit Type Actual Rent: $1,291.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,291.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1291
Unit 4
  • Unit Type Actual Rent: $905.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $905.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Actual Rent Range: 905
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 111 North Clinton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 North Clinton Street

Taxable ValueLand$3,700Additions$96,300Total$100,000
Home Facts
Baths3.5Total Finished SqFt2,998 SqFtAbove Grade Finished SqFt2,998 SqFtUnfinished Basement SqFt1,576 SqFtStories2Lot Size5,336 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyCATTARAUGUSAPN041200 94.065-7-14

Schools near 111 North Clinton Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Public - 4 to 7
Public - 8 to 12
Public - PK to 3
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public4 to 7

Olean Senior High School
Public8 to 12

East View Elementary School
PublicPK to 3

Washington West 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX On Point

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.