204 N Barry St, Olean, NY 14760

Local realty services provided by:ERA Team VP Real Estate
204 N Barry St,Olean, NY 14760
$152,000
  • 8 Beds
  • 5 Baths
  • 2,950 sq. ft.
  • Multi-family
  • Pending
Listed by:james dwaileebe
Office:3d real estate llc.
MLS#:B1562789
Source:NY_GENRIS

Price summary

  • Price:$152,000
  • Price per sq. ft.:$51.53

About this home

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.

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Home facts

  • Year built:1930
  • Listing Id #:B1562789
  • Added:349 day(s) ago
  • Updated:August 19, 2025 at 07:27 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,950 sq. ft.

Heating and cooling

  • Cooling:Zoned
  • Heating:Gas, Zoned

Structure and exterior

  • Year built:1930
  • Building area:2,950 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$152,000
  • Price per sq. ft.:$51.53
  • Tax amount:$3,249