Closed

$144,531

1665 Fay Hollow Rd, Olean, NY 14760

5beds

2,424sqft

Multi Family

Built in 1935

-- sqft lot

$158,800 Zestimate^®

$60/sqft

$1,230 Estimated rent

Home value

$158,800

$132,000 - $199,000

$1,230/mo

Zestimate^® history

Owner options

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$1,230/mo

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$1,230/mo

Rent Zestimate^®

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$1,096/mo

Est. payment

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$1,096/mo

Est. payment

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What's special

Looking for a good income property? This is it! There are 2 apartments. The one downstairs has 2 bedrooms. Rent is $90. Upstairs has 3 bedrooms, rent is $900. The upstairs apartment has access to a 2 car garage. The downstairs has their own driveway so there is never squabbles about parking. All the utilites are separate. Tenant pays thier own electic and propane. Both apartments are spacious and updated. Great location across from Crosby's store/gas station for convenience late night snacks, milk in the morning, etc. However there is a huge back yard for tenants to have bonfires or play grounds. There is nothing more you could want in an income property. This is a really good place to live in 1 apartment and let the other apartment pay your taxes and rent!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood, Laminate, Varies, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,424
Total interior livable area: 2,424 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Gravel, Parking Available, Two or More Spaces
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 0.34 Acres
Dimensions: 113 x 129
Features: Residential Lot

Details

Parcel number: 04460008500800010040000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding

Condition

Resale
Year built: 1935

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Olean

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $72,000
Annual tax amount: $2,243
Date on market: 8/27/2024
Cumulative days on market: 10 days
Listing terms: Conventional,Rehab Financing,USDA Loan
Tenant pays: All Utilities

Price history

Date	Event	Price
12/3/2024	Sold	$144,531+3.3%$60/sqft
Source: NYSAMLSs #B1561719 Report a problem
10/21/2024	Pending sale	$139,900$58/sqft
Source: NYSAMLSs #B1561719 Report a problem
9/8/2024	Contingent	$139,900$58/sqft
Source: NYSAMLSs #B1561719 Report a problem
8/27/2024	Listed for sale	$139,900$58/sqft
Source: NYSAMLSs #B1561719 Report a problem