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Sold on 07/10/2023
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321 N 1st St, Olean, NY 14760

  • $75,000

    Last sold 07/10/2023 after 315 Days

  • 18

    bed

  • 8

    bath

  • 4,340

    Sqft ($17/Sqft)

Multi-family not for sale
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About 321 N 1st St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 6,142 Sqft
Property description
This ready-to-go investment is a great business opportunity for your real estate investment portfolio. This property is full of character, with a lot of natural woodwork, high ceilings, and even tile around fireplaces. There was recently a new sewer line hooked up to the main city sewer line. They are outsourced to management with minimal owner interaction, and the management company would stay on if the new owner wanted them to. The sale could also include (321 N 1st Street 94.057-5-29; 111 North Clinton Street 94.065-7-14; 125 S Barry Street 94.065-7-39)
Listed by
Listing Agent - Regis Handley
Listing Agent Contact: 716-307-9256
Listing Office - Howard Hanna Professionals
Source: NYSAMLS’s mls logo
MLS#R1429914 • last updated 1 month ago
Movoto checked NYSAMLS’s for data 5 minutes ago
Overview
Heating Gas, Baseboard, HotWater
Levels/Style Two
MLS # R1429914
SqFt 4340
SubType Multi Family
Status Closed
Lot Size (SqFt) 6142
Lot Size (Acres) 0.141
Property Tax 6030
Tax Assessed Value 110000
Condition Resale
Interior
Total # of Bathrooms 8
# of Full Baths 8
Total # of Bedrooms 18
Basement Full, PartiallyFinished
Flooring Carpet, Hardwood, Varies
Exterior
Construction Wood Siding
Parking Unpaved
Lot Desc Residential Lot
Amenities / Utilities
Appliances Gas Water Heater
Utilities SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Location
Elementary School Washington West Elementary
Middle School Olean Middle
High School District Olean
High School Olean Senior High
APN 041200-094-057-0005-029-000-0000
Directions From Route 16, Turn Onto Wayne St, Turn Onto First St, The Property Is On The Right
Multifamily Details
Owner Pays Other, SeeRemarks
# of Separate Electric Meters 3
# of Separate Gas Meters 1
Net Operating Income -6030
Operating Expense Includes Insurance, Utilities
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Aug 2023
    mls logo MLS # R1429914
  • Aug 29, 2023 Sold
    $75,000 (-24.9%)
  • Oct 10, 2022 Price Change
    $99,900 (-20.1%)
  • Aug 29, 2022 Listed
    $125,000 (-3.8%)
  • Aug 2021
    mls logo MLS # R1354980
  • Aug 3, 2021 Listed
    $129,900 (+36.7%)
  • Dec 2017
    mls logo MLS # 1041109
  • Dec 7, 2017 S-Closed
    —
  • Oct 11, 2017 P-Pending Sale
    —
  • Aug 15, 2016 Listed
    $95,000
  • 321 N 1st St
    $75K
  • —
  • 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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