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New
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$139,500

For Sale

2 days ago

MLS® R1667915

4 Bed

3 Bath

2033 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2033 sqft
Garage No
Taxes $2,218
Days Active 1
Lot Size 0.1862 acres
Approx. Age 1917
Avg. Price Per Sqft $68
MLS® Number R1667915

Property Address: 316 N 2nd St, Olean, NY, 14760-2485

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

Description

Excellent investment opportunity priced to sell at just $35, 000 per unit. Very rare, 8 units in one location!! This 8-unit property offers strong upside with immediate positive cash flow and significant value-add potential. Most units are separately laid out, providing flexibility for tenants and future improvements. Rents are currently below market, leaving room for increased income with strategic adjustments. The property features numerous renovations throughout, including a newer metal roof less than one year old (314) and an additional roof approximately five years old (316). Ideal for all investors looking to step into a cash-flowing asset with growth potential. Or looking to live in one! There are two vacant units, renovated and ready to rent! Units most be sold Together!
MLS® NumberR1667915
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1862
Exterior
GarageNo
Approx. Age1917
BasementDirt Floor
DrivewayPaved, Two Or More Spaces
Garage Spaces0
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
316 N 2 Nd St, Olean, NY

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