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Listed price in listed location currency (USD).
$139,500

500

MLS® R1667935

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 5700 sqft
Garage No
HOA Fees 
Taxes $5,052
Days Active 3
Approx. Age 1900
Avg. Price Per Sqft $24
MLS® Number R1667935

Property Address: 314 N 2nd St, Olean, NY, 14760-2484

Average square foot calculated using Size range provided by listing agent.

Description

8-Unit Investment Opportunity! Strong Cash Flow Potential! Rare opportunity to purchase two multi-family properties totaling 8 units, to be sold together for $279, 000 (approximately $35, 000 per unit). The properties offer immediate income potential with room for growth. Current rents are below market, providing an opportunity for increased returns with future adjustments. Many units feature separate layouts, offering flexibility for tenants. The properties have seen numerous updates, including: Metal roof (314) less than 1 year old Roof (316) approximately 5 years old There are currently two vacant, renovated units ready for occupancy, allowing for immediate lease-up or owner-occupant potential. Ideal opportunity for investors looking to expand their portfolio or for buyers seeking to offset living expenses by occupying one unit. Properties must be sold together (see MLS #R1667915 for additional property).
MLS® NumberR1667935
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$139,500List Price
  • Commute

Commute

Starting Address
Destination Address
314 N 2 Nd St, Olean, NY

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