2 months on rocket

204 N Barry St, Olean-City, NY, 14760

$189,000

Home List Price

$2,244*

Closing Credit

8 Bedrooms
5 Full Baths
2,950 SqFt
$64/SqFt
Multi

Location

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204 N Barry St, Olean$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Available
Year Built1930
HeatingNatural Gas, Zoned
CoolingZoned
MLS #B1562789
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,950 SqFt

Listing Office:

  • Office Name: 3D Real Estate LLC
  • Office Phone: (716) 307-2300
  • Listing Agent: James Dwaileebe

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Varies, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Parking Available

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Next door to JCC

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $64/SqFt
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Housing Market Comparison

See how this home compares to others in Olean, NY.

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Olean, NY

City

Med. Sold Price

$107.2K

Med. Price/SqFt

$70

Avg. Days On Market

26

# of Sold Homes

12

204 N Barry St vs Olean

79 DAYS ON ROCKET

+53 Days

$189,000

+$81.7K More

$64/SqFt

-$7 Less

KEY TAKEAWAY

This property is $81.7K more than the Median Sold Price and $7/SqFt less than other homes in Olean, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1562789

Listing Office:

  • Office Name: 3D Real Estate LLC
  • Office Phone: (716) 307-2300
  • Listing Agent: James Dwaileebe

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,011

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-275921
3
/10

  • East View Elementary School

  • 690 E Spring St

  • 0.67 miles

  • Public District Grades PK-3

school-card-donut-275922
4
/10

  • Washington West Elementary School

  • 1626 Washington St

  • 1.13 miles

  • Public District Grades PK-3

school-card-donut-275923
7
/10

  • Allegany-Limestone Elementary School

  • 120 Maple Ave

  • 3.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,469. The most common annual income of people living in Olean, NY is less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Cattaraugus County›Olean›14760›204 N Barry St

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 03, 2024 and is currently priced at $189,000.

In October 2024 more than 5 listings in Olean, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Olean, NY decreased by 6.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 26 days, the median list price was $107,250.

From Rocket Homes Real Estate and based on county public records data.

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