2613 West State Street

Olean, NY 14760

$88,000
Last Sold Price
3
Beds
2
Baths
1,607 Sq. Ft.
$55 / Sq. Ft.
1,607
Sq. Ft.
$55
per Sq. Ft.

Description

Investment opportunity in Olean NY! This well maintained and fully rented two unit duplex is for sale with the added bonus of the property being COMMERCIALLY ZONED. Located on a very high traffic pattern street and within the main commercial hub in Olean containing Walmart, Staples, Burger King, Friendly's, Perkins, Tops, and many more. Keep them as apartments providing income and equity or this could be a perfect location to open an office or business - or tear down and build in a high visibility...Investment opportunity in Olean NY! This well maintained and fully rented two unit duplex is for sale with the added bonus of the property being COMMERCIALLY ZONED. Located on a very high traffic pattern street and within the main commercial hub in Olean containing Walmart, Staples, Burger King, Friendly's, Perkins, Tops, and many more. Keep them as apartments providing income and equity or this could be a perfect location to open an office or business - or tear down and build in a high visibility commercial location! One apartment is currently rented - the lower apartment is vacant but may be rented at any time.
  1. Listed by Todd E VanDyke • VanDyke Agency LLC
    P: 716-373-7325 C: 716-581-0724 todd@vandykeagency.com

Property Details for 2613 West State Street

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Garage, Paved
Nearest Cross Street
S26th

Location

Listing Courtesy of VanDyke Agency LLC

Sold By ERA Team VP-Olean

Add your commute
LISTING UPDATED: 08/11/2023 11:52 AM

Property Details for 2613 West State Street

StatusClosed
MLS #B1432954
Days on Market100
Taxes$3,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1940
Lot Size0.24 AC / 10,650 SF
CountyCattaraugus County

Location

Listing Courtesy of VanDyke Agency LLC

Sold By ERA Team VP-Olean

Add your commute

Building Information for 2613 West State Street

Stories2Residences2Year Built1940Building Size-Lot Size0.24 AC / 10,650 SF

Payment Calculator

$786 per month

30 year fixed, 7.25% Interest

Principal and Interest

$480

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2613 West State Street

Summary
Location and General Information
  • Elementary School District: Olean
  • High School Name: Olean Senior High
  • High School District: Olean
  • Middle School Name: Olean Middle
  • Middle Or Junior School District: Olean
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $3,670.00
Property
Lot Information
  • Building Area Total: 1607.0
  • Land Features: Corner Lot
  • Num Of Acres: 0.2445
  • Lot Size Area: 0.2445
  • Lot Size Square Feet: 10650.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-062-0002-049-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 49
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $66,900
  • Year Built: 1940
  • Year Built Description: Existing
  • Zoning Description: Commercial
Utilities
  • Electric Service: Circuit Breakers
  • 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
  • Foundation Description: Block
  • Roof Description: Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Exterior Entry, Walk Up Access
  • Num Of Possible Bedrooms: 3
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Natural Woodwork
  • Laundry Features: Common Area
  • Levels: Two
  • Sq Ft Total: 1607.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$3,670.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $610.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room,Other - See Remarks
  • Unit Type Total Rent: $610.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 610
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Living Room,Other - See Remarks
  • Unit Type Total Rent: $900.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 2613 West State 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 2613 West State Street

Taxable ValueLand$5,500Additions$61,400Total$66,900
Home Facts
Beds3Baths1.5Total Finished SqFt1,607 SqFtAbove Grade Finished SqFt1,607 SqFtStories2Lot Size10,650 SqFtStyleSingle Family ResidenceYear Built1940CountyCATTARAUGUSAPN041200 94.062-2-49

Schools near 2613 West State 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

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 VanDyke Agency LLC

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.