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Sold on 08/27/2021
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408 N 8th St, Olean, NY 14760

$98,900

Last sold 08/27/2021 after 90 Days

  • 6

    bed

  • 3

    bath

  • 1,762

    Sqft ($56/Sqft)

Multi-family not for sale
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About 408 N 8th St

Property type Multi-family
Year built 1892
HOA fee $0/month
Lot size 6,399 Sqft
Property description
This fantastic double (2bed 1 bath/ 2bed 1 bath) has been precisely maintained by its owner. 408 features a dining area off of the kitchen with an updated downstairs bathroom and two good-sized bedrooms upstairs - a stackable washer dryer unit. 408 1/2 features a dining area off of the kitchen with an amazing bathroom upstairs. Larger bedroom and a smaller bedroom that could be multi-use. Bedroom/office - this unit has laundry first floor. All utilities are seperate. The property sits in a very convenient location where there's an option of a walk, bike, or drive. Rental income has the potential to be much higher.
Listed by
Listing Agent - Amy L Henzel
Listing Office - ERA Team VP Real Estate
Source: NYSAMLS’s mls logo
MLS#B1340183 • last updated 6 months ago
Movoto checked NYSAMLS’s for data 5 minutes ago
Overview
Heating Gas, ForcedAir
Levels/Style Two, Duplex
MLS # B1340183
SqFt 1762
SubType Multi Family
Status Closed
Lot Size (SqFt) 6400
Lot Size (Acres) 0.1469
Property Tax 2613
Tax Assessed Value 48000
Condition Resale
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 6
Basement Partial
Laundry Washer Hookup
Flooring Carpet, Tile, Varies
Interior Features Storage
Exterior
Foundation Block
Roof Asphalt
Construction AluminumSiding, SteelSiding, Stucco
Parking Gravel, TwoOrMoreSpaces
Lot Desc Residential Lot
Amenities / Utilities
Appliances Gas Water Heater
Utilities SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Location
Middle School Olean Middle
High School District Olean
APN 041200-094-056-0005-020-000-0000
Directions From Wayne Street Turn On North 8th.
Multifamily Details
Owner Pays Other, SeeRemarks
# of Separate Electric Meters 2
# of Separate Gas Meters 2
Net Operating Income -2613
Operating Expense Includes Rent
Lot/ Land Details
Road Frontage CityStreet, MainThoroughfare
We are not permitted to show value estimates for this property.
  • Aug 2021
    Public Records
  • Aug 30, 2021 Sold
    $99,000 (+0.1%)
  • Aug 2021
    mls logo MLS # B1340183
  • Aug 27, 2021 Sold
    $98,900
  • Jun 3, 2021 Pending
    —
  • Jun 3, 2021 Active
    —
  • May 29, 2021 Listed
    $98,900 (+841.9%)
  • Dec 2008
    Public Records
  • Dec 22, 2008 Sold
    $10,500 (-75.6%)
  • May 2004
    Public Records
  • May 18, 2004 Sold
    $43,000
  • Year Property taxes Tax assessment
  • 2025
    $1,957 +1.6%
    $51,000
  • 2024
    $1,925 +43.7%
    $51,000 +6.25%
  • 2023
    $1,340
    $48,000
  • 408 N 8th St
    $98.9K
  • —
  • 14760
    $139K +3% y/y
  • Olean
    $139K +3% 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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