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Buy a multi-family propertyat 42 Olcott Place, Cheektowaga, NY 14225

$139,999

$148,000 (-5.41%)

$0/mo

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Residential

2,409 Sq. Ft.

7,841 Sq. Ft. lot

6 Bedrooms

2 Bathrooms

322 Days on market

B1477482 MLS ID

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About 42 Olcott Place multi-family property

This 3/3 multi-unit is a great investment opportunity. Start your investment portfolio with solid cash flow on this property with a list of updates. The upper unit has an updated bath with a 19x13 bedroom and cathedral ceilings in the living area. Complete tear-off roof in 2023. New hot water tank for upper unit in 2023. Newer flooring in the upstairs unit in 2021 and 2023. 2021 carpeting in lower storage room, staircase to second upper unit and upper living area. Upper unit appliances stay with the property.
This 3/3 multi-unit is a great investment opportunity. Start your investment portfolio with solid cash flow on this property with a list of updates. The upper unit has an updated bath with a 19x13 bedroom and cathedral ceilings in the living area. Complete tear-off roof in 2023. New hot water tank for upper unit in 2023. Newer flooring in the upstairs unit in 2021 and 2023. 2021 carpeting in lower storage room, staircase to second upper unit and upper living area. Upper unit appliances stay with the property.

Property details

Property Access

City Street

Appliances & Equipment

Gas Water Heater

Basement

Crawl Space

Bathrooms

2 full bathrooms

2 total bathrooms

Bedrooms

6 total bedrooms

Building

2 total stories

Built in 1917

Stories: 2

2,409 sqft living area

2409 total building sqft

Duplex

Vinyl Siding

Copper Plumbing

Two

Community

2 units in community

Expenses

Maintenance Structure

Water/Sewer

Floors

Carpet

Laminate

Varies

Vinyl

Foundation

Pillar/Post/Pier

Heating

Gas

Forced Air

Income

Net Operating Income: -4329

Interior Features

Cathedral Ceiling(s)

Window Treatments

Listing

Property Subtype: Multi Family

38 days on market

Listed on 2023-06-16

Water

Location

County: Erie

Lot

7841 sqft

0.18 acres

Area: 0.18

Dimensions: 60X131

Residential Lot

Parking

Two or More Spaces

Unpaved

Possession

Close Of Escrow

Property

2 units

Resale

Roof

Asphalt

Schools

Elementary School District: Cheektowaga

Middle School District: Cheektowaga

High School District: Cheektowaga

Sewer

Connected

Taxes

Annual Amount: $4,329

Utilities

Circuit Breakers

2 separate electric meters

2 separate gas meters

Cable Available

High Speed Internet Available

Sewer Connected

Water Connected

Windows

Drapes

Monthly cost

Estimated monthly cost

$1,004/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$131,599

+$4,200

$135,799

Seller agent commission$4,200 (3%)*

$0 (0%)

Buyer agent commission$4,200 (3%)*

$4,200 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $4,200 more selling your home
with an Unreal Estate agent

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State

  • Land in New York

Unreal Estate checked: May 11, 2024 at 11:10 p.m.

Data updated: Aug 1, 2023 at 4:16 p.m.

Courtesy of Hunt Real Estate ERA.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 New York State Alliance. All Rights Reserved.

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