Subject-To Financing Opportunity: Updated Home in Olean, NY – Own With Favorable Terms!

Cattaraugus County, Olean, NY, 14760
Sold
Listed at: May 20th, 2024
Price
$168,000
ARV
$226,000
Gross Margin
$58,000
Sq. Footage
2280
Type
Single-Family
Parking
Attached Garage
Year build
1900
Lot size
1.15 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Discover Your Dream Home at 1608 Haskell Rd, Olean, NY 14760 – Modern Upgrades with Favorable Financing!

Attention homebuyers and investors! This beautifully updated property in Olean, New York, offers an exceptional opportunity, especially for those seeking a subject-to financing arrangement. With extensive renovations and modern updates.

Property Details:

  • Address: 1608 Haskell Rd, Olean, NY 14760
  • Price: $168,000
  • Financing: Subject-To – $33,000 down
  • Monthly Payment: $1,200 PITI
  • Rental Zestimate: $1,862
  • Interest Rate: 4.25% fixed rate
  • Condition: Move-in ready with significant upgrades

Key Features:

  1. New Roof: Recently installed, ensuring long-term durability and peace of mind.
  2. Updated Boiler: Modern system for efficient heating throughout the home.
  3. Updated Basement: Renovated space with one unfinished room, ready for customization.
  4. Extensive Remodels: $80,000 worth of updates.

.NEEDS New Kitchen ($10,000)

Why This Home Stands Out:

  1. Move-In Ready: Extensive renovations make this home ready for immediate occupancy upon kitchen .
  2. Modern Upgrades: Enjoy the benefits of a refreshed interior with modern amenities.
  3. Subject-To Financing: Favorable terms with a fixed interest rate secured from 2009 (a good bit of the payment is now going to principal)
  4. Customizable Basement: One unfinished room offers potential for personalization and added value.

Investment Highlights:

  1. Quality Upgrades: Significant investment in updates ensures a comfortable living environment.
  2. Affordable Financing: Subject-to financing offers an attractive option for buyers.
  3. Spacious Layout: Additional living space in the basement provides versatility and potential.

Why Choose This Property:

  1. Turnkey Condition: Ready for immediate occupancy, saving time and effort on renovations.
  2. Stable Investment: Principal payments contribute to equity growth, offering financial stability.
  3. Great Location: Situated in desirable Olean, NY, close to amenities and recreational facilities.

Contact Us Today!

Don’t miss out on this fantastic opportunity to own a beautifully updated home with favorable financing terms! Contact us now to schedule a viewing or get more information.


Unlock the potential of 1608 Haskell Rd and make it your new home with favorable subject-to financing terms. Act now to secure this opportunity in Olean, NY!

This Disclosure Statement is provided by Optimized Holdings, LLC ("we," "us," "our," or the "Company") to all potential buyers ("you," "your," or the "Buyer") interested in purchasing wholesale deals from us. The purpose of this statement is to inform you of important information regarding our business practices, the nature of our wholesale deals, and your responsibilities as a buyer. Company Information Name: Optimized Holdings, LLC Nature of Business Optimized Holdings, LLC is engaged in the business of sourcing, acquiring, and reselling real estate properties at wholesale prices. Our primary focus is on identifying undervalued properties, negotiating favorable terms, and offering these properties to buyers at competitive prices. Disclosure of Material Facts Property Information: All information provided about the properties, including but not limited to, descriptions, photographs, financial data, and other relevant details, is based on the best available information at the time of listing. While we strive for accuracy, we cannot guarantee that all information is completely free of errors. As-Is Condition: Properties sold by Optimized Holdings, LLC are offered on an "as-is, where-is" basis. We make no warranties, expressed or implied, regarding the condition, marketability, or fitness for a particular purpose of the properties. Buyers are encouraged to conduct their own due diligence and inspections prior to purchase. No Agency Relationship: Optimized Holdings, LLC is not acting as a real estate agent or broker. We are the principal in the transaction and are selling our own equitable interest in the properties. Third-Party Services: We may recommend third-party service providers such as title companies, inspectors, contractors, or lenders. These recommendations are provided as a convenience and do not constitute an endorsement. Buyers are responsible for conducting their own research and selecting service providers. Earnest Money and Deposits: Any earnest money or deposits required to secure a property are non-refundable, except as explicitly stated in the purchase agreement. Failure to close on the property in the specified timeframe may result in the forfeiture of your deposit. Closing Costs: Buyers are responsible for all closing costs, including but not limited to, title insurance, escrow fees, transfer taxes, and recording fees, unless otherwise agreed upon in writing. Assignment of Contracts: In some cases, we may assign our contract rights to third parties. Buyers acknowledge and consent to the assignment of contracts as part of our business operations. Legal and Tax Advice: Optimized Holdings, LLC does not provide legal or tax advice. Buyers are advised to consult with their own legal and tax professionals regarding the implications of purchasing real estate. Buyer Responsibilities Due Diligence: It is the buyer's responsibility to perform their own due diligence on the properties, including inspections, appraisals, and verifying all information provided. Financing: Buyers must ensure they have the necessary funds or financing in place to complete the purchase. Compliance: Buyers are responsible for complying with all local, state, and federal laws and regulations related to the purchase and ownership of real estate. Acknowledgment By proceeding with a purchase from Optimized Holdings, LLC, you acknowledge that you have read and understood this Disclosure Statement and agree to the terms and conditions outlined herein. You further acknowledge that you have had the opportunity to seek independent advice and conduct your own due diligence. For any questions or additional information, please contact us at: dylan@raloptimized.com or call (303) 552-2660
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dylan Coon

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