$1,888
closing credit¹
204 N Barry St Olean-City, NY 14760
Property details
About 204 N Barry St
This is a 5 unit apartment complex located in downtown Olean next to JCC. Zoned Commercial. 3 of the units are currently rented by long term tenants that pay on time. The 4th unit is vacant and ready to move in. The 5th unit is under construction. The Broker/Appraiser estimates the gross yearly rent to be $48,000 annually with a $28,000 Net profit. The CAP rate at full asking price is 15.8 %. 5 total units, 8 total bedrooms, 5 total bathrooms. Off Street parking. 2 minute walk to downtown Olean.
Highlights
Summary
- MLS Number: B1562789
- MLS Name: NYS
- Office Name: 3D Real Estate LLC
- Office Phone: (716) 307-2300
- Office Email: pepsijim@hotmail.com
- Listing Agent: James Dwaileebe
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Last updated on: 2/6/2025, 5:15:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$159,000
204 N Barry St
$1,888
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
East View Elementary School
Public District PK-3
0.7 mi
•690 E Spring St
4
Washington West Elementary School
Public District PK-3
1.1 mi
•1626 Washington St
7
Allegany-Limestone Elementary School
Public District PK-5
3.4 mi
•120 Maple Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,469. The majority of Olean-City, NY residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 204 N Barry St in Olean-City, NY and zip code 14760. This 2,950 square foot home was built in 1930. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $159,000.
Olean-City, NY housing market in January 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 10 sold below. The number of listings in Olean-City, NY decreased by 20.3% between December and January 2025. The median list price of listings available in January 2025 was $107,500, while the average time on the real estate market was 39 days.