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.
Sold for $58,000 on 05/31/24
$58,000
111 N Clinton St, Olean, NY 14760
9beds
4,574sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$13/sqft
$1,199 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 07, 2024 at 10:09am
Listed by:
Todd E VanDyke 716-581-0724,
RE/MAX On Point
Bought with:
Thomas G Fenner, 10301223660
Fenner Real Estate
Source: NYSAMLSs,MLS#: B1530221
Originating MLS: Buffalo

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Gas, Zoned, Forced Air
Cooling
- Zoned
Appliances
- Included: Electric Water Heater
Features
- Attic, Ceiling Fan(s), Storage, Natural Woodwork
- Flooring: Carpet, Hardwood, Varies, Vinyl
- Windows: Leaded Glass
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,574
- Total interior livable area: 4,574 sqft
Property
Parking
- Total spaces: 1
- Parking features: Paved
- Garage spaces: 1
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Deck, Fence
- Fencing: Partial
Lot
- Size: 5,279 sqft
- Dimensions: 45 x 116
- Features: Near Public Transit, Residential Lot
Details
- Parcel number: 04120009406500070140000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Resale,Fixer
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Conventional,Rehab Financing