Olean NY Homes for Sale
$275,000
915 Prospect Ave Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 2,576
- Status:
- NEW LISTING
- Beds:
- 4
- Lot size:
- 0.28 Acres
- Year built:
- 1990
- Baths:
- 3.00
- MLS#:
- R1585482
View additional info
Courtesy: Real Estate Pros & More
716-372-7100
ADDITIONAL INFORMATION
RANCH HOME WITH 2 BEDROOMS, 1.5 BATHS AND LAUNDRY ALL ON THE MAIN FLOOR. FULL FINISHED BASEMENT WITH 2 BEDROOMS, FULL BATH AND A KITCHENETTE. FAMILY ROOM, OFFICE/DEN AREA. COMES WITH AN ABOVE GROUND POOL WITH NEWER HEATER AND A HOT TUB ON THE DECK. FENCED IN BACK YARD. STORAGE SHED. NEWER VINYL SIDING, FURNACE AND ELECTRIC SERVICE PANEL. NICE LOT. MLS#R15585482.
$39,900
206 W Green St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,798
- Status:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.13 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- R1585870
View additional info
Courtesy: Keller Williams Realty
716-324-2300
ADDITIONAL INFORMATION
3 Bedroom 1-1/2 bathroom being sold as is condition! Offered at a low price for someone willing to repair the home!
$49,900
126 N 3rd St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,176
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.07 Acres
- Year built:
- 1900
- Baths:
- 1.00
- MLS#:
- R1584564
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Take a look at this charming Victorian-style home located just three blocks from downtown Olean and near the Oak Hill Historical District. This inviting home is ideal for downsizing or moving out of apartment living. The first floor features a living room, den, dining room, and kitchen, while the staircase, adorned with unique stained glass windows, leads to three bedrooms on the second floor. The bathroom includes a standalone tub and attractive fixtures, adding a touch of elegance. With its blend of character and convenience, this home is ready for its next chapter. Schedule a showing today!
$89,900
119 W Green St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,278
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- 1.00
- MLS#:
- R1583818
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Nestled in the heart of Olean, NY, this charming 2-bedroom, 1-bathroom home is a perfect blend of comfort and convenience. The spacious living room welcomes you with natural light, while the adjoining dining room offers a cozy space for family meals or entertaining guests. The kitchen is designed for functionality, featuring ample cabinetry and counter space. An additional family room provides extra space for relaxation or hobbies, making this home versatile for any lifestyle. Step outside into the backyard, a serene oasis that leads directly into a beautiful park – perfect for morning walks, picnics, or outdoor play. Located within walking distance of Olean's vibrant Union Street, you'll enjoy easy access to local shops, dining, and community events. Whether you're looking for your first home or a cozy retreat, this property offers the ideal combination of location and charm. Don’t miss out on this gem!
$149,000
801 Bell St Olean, NY 14760
- Type:
- Multi-Family
- Sq.Ft.:
- 1,844
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.18 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- R1583046
View additional info
Courtesy: Premier Listings Real Estate
716-379-8383
ADDITIONAL INFORMATION
Two unit income property in East Olean. One bedroom in the downstairs apartment and two bedrooms in the upper. Current electrical updates as well as new gutters. Complete remodel in 2022 including a new roof. Great income potential with apartments bringing in over $2300 a month. Or you could choose to live in one unit - let the second unit pay the mortgage!
$124,900
213 Madison Ave Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,178
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.42 Acres
- Year built:
- 1914
- Baths:
- 1.00
- MLS#:
- R1582384
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Welcome to your perfect retreat nestled on a picturesque double lot, spanning an impressive 0.41 acres. This charming two-bedroom home combines character, comfort, and opportunity, making it a rare find! Step inside to discover wood floors that add warmth and timeless elegance to the living spaces. The spacious second-floor bathroom ensures comfort and convenience for everyday living. Relax and take in the stunning view of rolling hills from the inviting front porch—a perfect spot for morning coffee or evening sunsets. The detached one-car garage and additional storage shed provide ample space for your tools, toys, and hobbies. The expansive yard offers endless possibilities! With its deep, double-lot configuration, there’s plenty of room for gardening, outdoor entertainment, or even future expansion. This property’s size and layout make it an ideal candidate for building, whether you're dreaming of a larger home, workshop, or investment project. With aluminum siding for easy maintenance and a tranquil setting, this home is ready for your vision. Whether you're looking for a peaceful retreat, a starter home with room to grow, or a property with development potential, this is it! Don't miss the chance to make this hidden gem your own. Negotiations are delayed until 1/6/2026 to ensure interested parties do not have to schedule around the new year.
$100,000
211 Irving St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,659
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.04 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- B1581282
View additional info
Courtesy: WNY Metro Roberts Realty
716-891-1710
ADDITIONAL INFORMATION
Discover this delightful 4-bedroom, 2-bathroom home nestled at 211 Irving Street in the heart of Olean, NY, offering almost 1700 square feet of living space that blends classic charm with the potential for modern updates. Live in a walkable community where everything is within reach, enjoying the convenience of not needing a car for daily errands, as it's situated close to local stores, excellent schools, and various shopping options, providing all the amenities you need right at your doorstep. Olean is known for its community spirit and small-town feel, with easy access to outdoor activities, historical sites, and the scenic beauty of the region, making this property an excellent long-term investment or a perfect family home according to current market trends.
$154,900
417 W Sullivan St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,833
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.09 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- B1581087
View additional info
Courtesy: Howard Hanna WNY Inc.
716-699-4695
ADDITIONAL INFORMATION
MUST SEE!!!!! Nicley kept home with bathroom updates and new deck. Corner lot, close to shopping, dining, and college campuses. Two bedrooms on the second floor, kitchen, dining, and living room on first floor. Priced to sell, see it today.
$95,000
109 S 14th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,630
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.12 Acres
- Year built:
- 1920
- Baths:
- 1.00
- MLS#:
- R1579504
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Four bedroom home located in the heart of Olean NY. This home offers a great amount of potential and a clean slate to make your own. A fenced in back yard that offers privacy as well as a spacious front porch to enjoy the neighborhood. Be sure to check out this home while it lasts!
$99,000
107 N 17th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,476
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- R1578173
View additional info
Courtesy: Premier Listings Real Estate
716-379-8383
ADDITIONAL INFORMATION
Very nice 3 bedroom home with 1.5 baths close to schools, restaurants and shops. Beautiful wood floors in the living room and dining room and a breakfast nook off the kitchen that was turned into a first floor laundry. In the front of the house there is a covered porch on a quiet street and out back is a cozy back yard with a one car detached garage. Also, the windows downstairs are new and the gutters have screens so no cleaning necessary! The upstairs needs a little TLC to update it but has decent sized bedrooms each with it's own closet. Plenty of storage in the full dry basement and the attic. The attic has walk in access. This is a shared driveway but the current owner of the house next door has not owned a car for the last several years.
$449,999
717 W Henley St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 4,766
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.65 Acres
- Year built:
- 1922
- Baths:
- 6.00
- MLS#:
- R1578343
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Discover the perfect blend of historic charm and modern convenience with this stunning Colonial home on West Henley Street in the heart of Olean. Set on nearly two-thirds of an acre, this beautifully crafted property offers timeless elegance, exceptional functionality, and surprising privacy for a central city location. Featuring up to six bedrooms and five and a half baths, this home is filled with exquisite details, including hardwood floors, marble-trimmed fireplaces, high ceilings, elaborate moldings, and arched French doors. The grand entryway greets you with a striking black-and-white marble floor and a leaded glass door, while rounded front steps, stately columns, and large solid panel front doors make a lasting first impression. The main level includes formal dining and living rooms with glass doors leading to a sunroom bathed in natural light, a breakfast room with sunrise views, a spacious walk-in pantry, and a half bath. Each second-floor bedroom has its private bath, and the third floor provides additional flexibility with three more rooms and two full baths. The basement offers a versatile space with a game room, a pool table, and even a bomb shelter, while thick walls with blown-in insulation ensure year-round comfort. Outdoors, the large, fenced-in yard, and covered patio create a serene retreat, perfect for relaxation or entertaining. The two-car garage includes an attic and an attached shed for ample storage. For added versatility, the attached apartment features two bedrooms, 1.5 baths, a separate entrance, separate utilities, and a one-car garage, offering rental potential or an ideal in-law suite with a long-term tenant already in place. Recent updates provide peace of mind, including a new boiler in 2018, a new roof in 2021, and a freshly sealed flat roof in 2024. With unique features like carved shell design corner cupboards, a crystal ball newel post, elegant wood window cornices, and original 6-over-6 glass windows, this home showcases incredible craftsmanship and timeless beauty. Don’t miss the opportunity to own this remarkable property that offers both historic charm and modern amenities—schedule your private tour today.
$140,000
140 N 9th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,500
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.14 Acres
- Year built:
- 1930
- Baths:
- 1.00
- MLS#:
- R1578338
View additional info
Courtesy: Real Estate Pros & More
716-372-7100
ADDITIONAL INFORMATION
Step into a home where timeless charm meets modern conveniences. This delightful 3-bedroom, 1-bathroom residence seamlessly blends classic character with contemporary comfort, offering the perfect space for relaxation and making memories. Inside, the warmth of natural woodwork graces the living spaces, including a cozy living room complete with a decorative fireplace — ideal for creating a soothing atmosphere. The modern kitchen boasts ample cabinet space, making meal prep both functional and enjoyable. Venture outdoors to find your personal sanctuary. The large front porch invites you to unwind to the gentle sound of nearby church bells, while the expansive rear deck overlooks a spacious backyard, perfect for gardening, entertaining, or simply savoring nature. Additional features include a convenient one-car garage for parking or extra storage, and a basement with a laundry area and space to keep your home organized. One of this property’s most exciting highlights is the large walk-up attic — brimming with potential! Whether you envision a home studio or playroom, the possibilities are endless. This home is ready to welcome you. Don’t miss your chance to experience its charm for yourself!
$195,000
1325 Highland Ter Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 2,222
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.7 Acres
- Year built:
- 1979
- Baths:
- 4.00
- MLS#:
- R1577466
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Welcome to this spacious 6-bedroom, 3.5-bathroom colonial brick home, where elegance meets modern convenience! This home has a lot of potential, nestled in a charming neighborhood, this residence offers the perfect blend of spacious living, a great floor plan, and a prime location. As you step through the front door, you'll be led to the kitchen and expansive family room with a wood-burning fireplace and a sliding glass door that opens to a sprawling deck overlooking the fully fenced yard. With some finishing touches this home could be a real gem. The basement features two bedrooms, another spacious living area, and easy access to the backyard. Upstairs, the primary suite offers a private retreat. With vinyl flooring throughout most of the home, an updated heating system, and a great location close to schools and amenities, this home is a must-see – blending classic charm with modern living in a welcoming community. Welcome home!
$99,900
135 N 12th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,300
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.3 Acres
- Year built:
- 1876
- Baths:
- 1.00
- MLS#:
- R1577153
View additional info
Courtesy: Real Estate Pros & More
716-372-7100
ADDITIONAL INFORMATION
Discover this fantastic opportunity on a convenient neighborhood street! This inviting 3-bedroom home offers all bedrooms on the second floor, a full bath conveniently located on the first floor, and a 2-car detached garage with a concrete driveway plus an extra drive close to the house. Nestled on a generous 1/3-acre double lot, this property provides plenty of outdoor space for gardening, play, or even future expansion. Ready for your personal touch, this home offers a perfect canvas for cosmetic updates to make it truly yours. Enjoy the convenience of walking distance to schools, shops, and local amenities.
$229,900
544 2nd Ave Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 2,360
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- R1576661
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Discover comfortable living in this inviting four-bedroom home, thoughtfully designed for both relaxation and practicality. The heart of the home is a spacious kitchen with a large island, ideal for meal prep, family dinners, and hosting friends. Adjacent is a cozy living area complete with a gas insert fireplace and a wood stove on the other side in the storage/mudroom, adding warmth and charm. Then in the summer months you have central AC to keep you nice and cool! Step outside to find a covered back deck spanning over 500 sq ft—perfect for enjoying the outdoors year-round. Unwind in the hot tub or set up a comfortable spot for evening gatherings; this deck is made for easy living. This home also includes two full bathrooms, first-floor laundry, and an expansive garage with plenty of storage. The standout feature? A well-equipped garage apartment, ready to accommodate a tenant or offer a private space for a relative. This flexible setup can provide rental income or serve as a convenient guest suite. Practical yet spacious, this home has everything you need, from comfort to versatility. Don’t miss out on making it yours!
$215,000
935 Forness Ave Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,920
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.32 Acres
- Year built:
- 1968
- Baths:
- 2.00
- MLS#:
- R1576560
View additional info
Courtesy: Premier Listings Real Estate
716-379-8383
ADDITIONAL INFORMATION
Nestled above the city with stunning views from the front porch, this charming 3-bedroom, 1.5-bath home is move-in ready and full of character. The spacious kitchen boasts newer stainless steel appliances and opens up to a formal dining room that flows into a large living room, creating an inviting, open-concept feel. A convenient half bath is located just off the kitchen and garage. Throughout the home, original hardwood floors in all bedrooms add warmth and character, while a whole house fan keeps the space cool during warmer months. The full basement offers endless possibilities for additional living space—whether you're looking to create a home gym, workshop, or entertainment area. Outside, the generous yard features established vegetable garden beds, a large deck perfect for outdoor dining or relaxation, and plenty of space for all to play. With its combination of city convenience, ample living space, and outdoor appeal, this home is the perfect place for a vibrant urban lifestyle.
$109,900
310 S 3rd St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,736
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.06 Acres
- Year built:
- 1929
- Baths:
- 2.00
- MLS#:
- B1575771
View additional info
Courtesy: Howard Hanna WNY Inc.
716-773-1900
ADDITIONAL INFORMATION
Welcome to this delightful 3-bedroom, 1.5-bathroom home nestled in the heart of Olean featuring new floors and a 2 year old roof. The eat-in country kitchen offers ample storage and plenty of prep space. Enjoy cozy meals in the adjoining dining room, or relax in the spacious living room. The full partially finished basement includes an exterior walk-out, providing extra versatility for your needs. Don't miss out on this fantastic opportunity!
$499,900
1902 E River Rd Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 2,976
- Status:
- Active
- Beds:
- 4
- Lot size:
- 38.5 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- S1574930
View additional info
Courtesy: Landquest Inc.
607.844.9690
ADDITIONAL INFORMATION
Spacious 2,976 sq. ft. home with 4 bedrooms, 2 full bathrooms, and multiple outbuildings on 38.5 acres in Olean NY. The home's 1st story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances. 2nd story has 3 bedrooms, 1 full bathroom, and a living room area. Attic is unfinished but big enough to create additional living space. Walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage. House has a well but also has connectivity to the Olean City water. House was built with the city water, and the barn was built with the well. The outbuildings include a 100 x 40 Quonset Barn with concrete floor which is in immaculate condition, a 40 x 30 stable barn which has a workshop and 4 stalls for horses or other animals, and a 40 x 25 workshop/storage area. All the outbuildings have electric. The farmland, approximately 30 acres, is currently leased and can continue to be leased if the new owner desires. Comes with free gas off leased gas wells not from the property. New owner will sign off on receiving the free gas at closing. Located in a flood zone as it sits across the street from the Allegheny River.
$142,500
142 S 1st St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 2,408
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- R1574694
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Welcome to this beautiful four bedroom home, steeped in the character of its 1910 origins. Nestled in a prime location near downtown Olean . As you step inside, you'll be greeted by stunning leaded windows and stained glass that fill the space with natural light. Hardwood floors and natural woodwork throughout. The spacious layout features a cozy living room ,ideal for family gatherings, dining room and eat in kitchen. Upstairs you will find four bedrooms , a walk up attic that can be a great space of your choice. Enjoy the convenience of being just a short walk from downtown restaurants, shops ,and local churches, making this home a perfect spot for those who appreciate community and accessibility.
- Type:
- Single Family
- Sq.Ft.:
- 1,392
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.37 Acres
- Year built:
- 1958
- Baths:
- 2.00
- MLS#:
- B1574380
View additional info
Courtesy: ERA Team VP Real Estate
716-372-2234
ADDITIONAL INFORMATION
Conveniently located off of Route 16, this 2 bed 1 1/2 bath home features a newer kitchen and windows! Perfect entrance area to drop your shoes, hang your coat, and step right into the comforting living room. Dining room opens to the back yard which features a deck with gazebo area and large private yard. This home is an Estate and is being sold as is.
$78,500
219 E Oak St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,396
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.13 Acres
- Year built:
- 1890
- Baths:
- 2.00
- MLS#:
- R1570197
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Welcome to this charming 3-bedroom, 1.5-bathroom two-story home! The spacious layout features a large kitchen, a cozy dining room, and a bright living room, perfect for family gatherings. Enjoy the convenience of a full bathroom on the first floor. Step outside to a generous backyard with a deck, ideal for outdoor entertaining. The property also includes a one-car garage with additional space for lawn and garden tools. This home offers comfort and functionality in a lovely setting!
$99,900
126 S 19th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,366
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.08 Acres
- Year built:
- 1920
- Baths:
- 1.00
- MLS#:
- B1566848
View additional info
Courtesy: Farley Real Estate Enterprises
716-283-4257
ADDITIONAL INFORMATION
2 bedroom, 1 bath home. New kitchen cabinets, sink and faucet. Updated windows, some new vinyl flooring. New Bathtub, toilet. 126 19th Street South is tax ID 94.063-3-51. sale includes tax ID #94.063-3-52 which is 128 S Nineteenth Street vacant lot. There is a concrete pad where the garage once stood Lot size is 105 x 35. Total lot size is 70 x 210 Property being sold As-Is. This property is eligible under the Freddie Mac First Look Initiative through 10/30/2024. Meaning, No wait for Owner Occupant offers. Investors must wait the full 30 days. Bring Offers!
$425,000
1783 David Dr Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 5,500
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.67 Acres
- Year built:
- 1990
- Baths:
- 6.00
- MLS#:
- R1565825
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Escape to your own slice of paradise with this stunning country home! Nestled on a spacious lot, this beautifully designed 4-bedroom, 5-bath 5500 square foot residence offers the perfect blend of contemporary comfort and rustic charm. Granit countertops, central prep island w/ wash sink. Two primary bedrooms. Outdoor Oasis: Step outside to your expansive yard, complete with a patio and a beautiful Beauty Pool perfect for summer barbecues or relaxing under the stars.
$99,900
106 N 17th St Olean, NY 14760
- Type:
- Single Family
- Sq.Ft.:
- 1,344
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.1 Acres
- Year built:
- 1930
- Baths:
- 1.00
- MLS#:
- R1566221
View additional info
Courtesy: Howard Hanna Professionals
716-372-1155
ADDITIONAL INFORMATION
Welcome to this charming 3-bedroom home located on N 17th Street in Olean! Step inside and discover a cozy, simple layout designed for easy living. The heart of the home features a welcoming formal dining room, perfect for gatherings, and a warm wood stove that creates a cozy ambiance during those cooler months. One of the highlights of this property is the spacious garage—ideal for hobbyists, car enthusiasts, or anyone needing ample storage space. Whether enjoying a quiet evening by the wood stove or hosting friends in the dining room, this home offers comfort and convenience in a great location. Don’t miss the opportunity to make this your own!
$159,000
204 N Barry St Olean, NY 14760
- Type:
- Multi-Family
- Sq.Ft.:
- 2,950
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.15 Acres
- Year built:
- 1930
- Baths:
- 5.00
- MLS#:
- B1562789
View additional info
Courtesy: 3D Real Estate LLC
716-307-2300
ADDITIONAL INFORMATION
This is a 5 unit apartment complex located in downtown Olean next to JCC. Zoned Commercial. 3 of the units are currently rented by long term tenants that pay on time. The 4th unit is vacant and ready to move in. The 5th unit is under construction. The Broker/Appraiser estimates the gross yearly rent to be $48,000 annually with a $28,000 Net profit. The CAP rate at full asking price is 15.8 %. 5 total units, 8 total bedrooms, 5 total bathrooms. Off Street parking. 2 minute walk to downtown Olean.
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Olean Real Estate
The median home value in Olean, NY is $118,900. This is lower than the county median home value of $131,600. The national median home value is $338,100. The average price of homes sold in Olean, NY is $118,900. Approximately 46.49% of Olean homes are owned, compared to 44.93% rented, while 8.58% are vacant. Olean real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olean real estate agent to arrange a tour today!
Olean, New York 14760 has a population of 13,941. Olean 14760 is more family-centric than the surrounding county with 29.89% of the households containing married families with children. The county average for households married with children is 27%.
The median household income in Olean, New York 14760 is $43,345. The median household income for the surrounding county is $53,537 compared to the national median of $69,021. The median age of people living in Olean 14760 is 38.9 years.
Olean Weather
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 42.8 inches per year, with 75.6 inches of snow per year.