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6531 & 6549 Olean Road
Wales, NY 14139
MLS #B1074885

Apartment Building
    P-Pending Sale $450,000
    Est. P&I payment: $1718.7/mo
    6531 & 6549 Olean Road, Wales, NY 14139
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    Description for 6531 & 6549 Olean Road, Wales, NY 14139
    Price includes a commercial building with 2 store fronts (currently houses sub-way) and 2 apartments and a large apartment building containing 4 apartments. Note: Sub Way is a tenant, the sale does not include the subway franchise. There is 2 wells and 2 septic systems. Note: Corner lot that has a large amount of Road Frontage 378 feet on Rt 16 and 126 feet on Warner Hill Road. This location is at end or Route 400 and has a lot of traffic passing by daily. Great opportunity for the right investor!
    MLS #B1074885
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    My Notes for MLS #B1074885

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: P-Pending Sale
    • Total Num of Apartments: 8
    • Type of Sale: Normal
    • Year Built Description: Existing
    • Num of 2 Bedroom Apartment: 1
    • Num of 3 Bedroom Apartment: 1

    Exterior Features

    • Driveway Description: Blacktop,​Parking Area,​Stone/Gravel
    • Exterior Construction: Brick and Frame,​Frame,​Vinyl,​Wood
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 179
    • Lot Dimensions Frontage: 378
    • Lot Information: Corner Lot,​Other - See Remarks
    • Lot Shape: Irregular
    • Num of Acres: 0.88
    • Parking Spacesper Apt: 2 Spaces
    • Roof Description: Asphalt

    Interior Features

    • Basement Description: Crawl Space,​Partial
    • Floor Description: Hardwood-Some,​Laminate-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: Oven/Range Freestanding- Some,​Refrigerator
    • Num of 1 Bedroom Apartment: 4
    • Num of Stories: 2
    • Sq Ft Total: 8,300

    Utility Features

    • Heating Fuel Description: Gas
    • HVAC Type: Forced Air
    • Num of Electric Meters: 8
    • Num of Gas Meters: 8
    • Num of Heating Units: 8
    • Separate Utilities: Gas,​Heat
    • Sewer Description: Septic
    • Water Heater Fuel: Gas
    • Water Resources: Well

    Financial Features

    • Incomeexpense Information: Provided By Owner
    • Operating Expenses Include: Accounting/Legal,​Advertising,​Insurance,​Property Management,​Pure Water,​Repairs/Maintenance,​Snow Plow
    • Rent Includes: Apartments Unfurnished,​Grounds Maintenance,​No Utilities,​Snow Removal,​Water
    • School Tax: 5,059
    • Total Taxes: 8,295
    • Town County Tax: 3,236

    Community Features

    • Amenities Included: No Amenities
    • County Or Parish: Erie
    • Nearest Cross Street: Warner Hill Road
    • Village: Not Applicable

    School Features

    • School District Name: Holland

    Location

     
    Street View Not Available
    Directions to 6531 & 6549 Olean Road, Wales, NY 14139
    Route 400 to end into south Wales (turns into Rt 16) property is located approx. 1 mile on left from end or Route 400.
    The listing information for 6531 & 6549 Olean Road, Wales, NY 14139 was graciously provided by our friends at the listing brokerage, Trank Real Estate

    Get Financing for 6531 & 6549 Olean Road, Wales, NY 14139

    ($ or %)
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    P&I Payment $1718.7
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    Last Updated 11/24/2017 at 5:07pm
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