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
- Full Bathrooms: 5
- Appliances: Gas Water Heater
- Flooring Type: Carpet, Varies, Vinyl
- Total Bedroom Count: 8
- Parking: Parking Available
- Architectural Style: Fourplex
- Heating: Natural Gas, Zoned
- Cooling: Zoned
- List Price: $152,000
- Price/SqFt: $51
- Lot: Rectangular Lot
- Directions: Next door to JCC
- Year Built: 1930
- Stories: 2
- Living Area: 2,950 SqFt
- 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: 6/1/2025, 11:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$152,000
204 N Barry St
$1,805
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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. Typical income of Olean-City, NY residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents 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 $152,000.
Olean-City, NY housing market in April 2025 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. The number of homes for sale in Olean-City, NY decreased by 5.2% between March and April 2025. In April 2025 median list price was $115,000 and the average listing age was 50 days.