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Sold on 01/26/2024
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116 N 4th St, Olean, NY 14760

  • $55,000

    Last sold 01/26/2024 after 109 Days

  • 7

    bed

  • 6

    bath

  • 2,116

    Sqft ($26/Sqft)

Multi-family not for sale
Learn about Olean's top local Real Estate agents

About 116 N 4th St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 6,042 Sqft
Property description
Great Investment Opportunity! This 2 story house is a 4 unit apartment complex. The downstairs offers a 2 bedroom, 1 full bath unit, and a 1 bedroom, 1 full bath unit. The upstairs offers two 1 bedroom, 1 bathroom units. 3 out of the 4 units are currently rented with a total income of $1,650 per month. One of the upstairs apartments is not rented and needs to be updated, and then it can be rented for additional income. There is a large gravel driveway with street parking available as well. The property has natural gas heating with public water and sewer. Just a short walk to the Olean High School, and is located just off West State Street for all the amenities. Perfect opportunity at a great price.
Listed by
Listing Agent - Travis Thurston
Listing Agent Contact: 585.386.9413
Listing Office - Landquest Inc.
Source: NYSAMLS’s mls logo
MLS#S1503373 • last updated 1 month ago
Movoto checked NYSAMLS’s for data 5 minutes ago
Overview
Heating Gas, ForcedAir
Levels/Style Two
MLS # S1503373
SqFt 2116
SubType Multi Family
Status Closed
Lot Size (Acres) 0.1387
Property Tax 1944
Tax Assessed Value 32000
Condition Resale
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 7
Basement Full
Flooring Other, SeeRemarks
Exterior
Construction Wood Siding
Parking Gravel
Lot Desc Residential Lot
Amenities / Utilities
Appliances Gas Water Heater
Utilities SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Location
High School District Olean
APN 041200-094-065-0011-056-000-0000
Directions From West State St. Turn Onto N. 4th St., Property Is On The Right.
Multifamily Details
Owner Pays Other, SeeRemarks
# of Separate Electric Meters 4
# of Separate Gas Meters 4
Net Operating Income -1944
Operating Expense Includes Other, SeeRemarks
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Jan 2024
    mls logo MLS # S1503373
  • Jan 26, 2024 Sold
    $55,000 (-21.3%)
  • Oct 10, 2023 Pending
    —
  • Oct 9, 2023 Listed
    $69,900
  • 116 N 4th St
    $55K
  • —
  • 14760
    $149K +15% y/y
  • Olean
    $149K +15% y/y
No chart available
Statistics calculated by Movoto

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4/10
Olean Middle School
public Grades 2-7, 9-10
Olean City School District
3/10
Olean Senior High School
public Grades 8-12
Olean City School District
Source: GreatSchools.org © 2026. All rights reserved.

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