3 months on rocket

1208 Washington St, Olean-City, NY, 14760

$54,900

Home List Price

$652*

Closing Credit

6 Bedrooms
2 Full Baths
2,058 SqFt
$27/SqFt
Multi
Schools Nearby

Location

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1208 Washington St, Olean$54,900

Buyer Closing Credits

$652*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGravel, Two or More Spaces
Garage1 space
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #R1517356
Lot Size0.09 Acres
StatusActive

About 1208 Washington St

Nestled in a quiet residential neighborhood, this charming two-family home offers an excellent opportunity for both homeowners and investors alike. The lower unit, with its inviting facade, features three spacious bedrooms and a well-appointed bathroom, providing a comfortable and functional living space. One of the standout features of this property is the upper unit, a blank canvas awaiting your creative touch. With an unfinished layout, the upper level can be transformed into a spacious three-bedroom apartment or divided into a two-bedroom unit and a separate studio apartment, offering versatility to suit your specific needs. This flexibility makes it an excellent option for those seeking additional rental income or for those looking to accommodate a growing family. A convenient garage located in the rear of the property offers secure storage and parking options. This is a valuable asset, especially in areas where parking is at a premium. The well-maintained landscaping surrounding the home adds to its curb appeal, creating a welcoming environment for all who visit.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 2,058 SqFt

Listing Office:

  • Office Name: Howard Hanna Professionals
  • Office Phone: (716) 307-9256
  • Listing Agent: Regis Handley

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Laminate, Varies, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Gravel, Two or More Spaces

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 12th St to Washington

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,900
  • Price Per SqFt: $27/SqFt
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Housing Market Comparison

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

Med. Sold Price

$105.5K

Med. Price/SqFt

$71

Avg. Days On Market

39

# of Sold Homes

13

1208 Washington St vs Olean

103 DAYS ON ROCKET

+64 Days

$54,900

-$50.6K Less

$27/SqFt

-$44 Less

KEY TAKEAWAY

This property is $50.6K less than the Median Sold Price and $44/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: #R1517356

Listing Office:

  • Office Name: Howard Hanna Professionals
  • Office Phone: (716) 307-9256
  • Listing Agent: Regis Handley

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: 4/29/2024, 3:25:17 PM 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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$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-3173276
5
/10
  • Washington West Elementary School

  • 1626 Washington St

  • 0.28 miles

  • Public District Grades PK-3

school-card-donut-3173277
3
/10
  • East View Elementary School

  • 690 E Spring St

  • 1.50 miles

  • Public District Grades PK-3

school-card-donut-3173278
6
/10
  • Allegany-Limestone Elementary School

  • 120 Maple Ave

  • 2.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,222. Most Olean, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkCattaraugus CountyOlean147601208 Washington St

This home is located at 1208 Washington St in Olean-City, NY and zip code 14760. This 2,058 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $54,900.

In March 2024 more than 1 listings in Olean, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. In March 2024 in Olean, NY there were 8.6% less homes for sale than in February 2024. In March 2024 median list price was $105,500 and the average listing age was 39 days.

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

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