$46,500
$49,900
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,553 SqFt
SOLD DATE : 04/09/2025
Key Details
Sold Price $46,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,553 sqft
Price per Sqft $29
MLS Listing ID R1585330
Sold Date 04/09/25
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1915
Annual Tax Amount $1,755
Lot Size 1,920 Sqft
Acres 0.0441
Lot Dimensions 40X48
Property Sub-Type Multi Family
Property Description
Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential.
Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living.
With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.
Location
State NY
County Cattaraugus
Area Olean-City-041200
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard
Flooring Carpet, Hardwood, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Composite Siding,Copper Plumbing
Construction Status Existing
Schools
Elementary Schools Washington West Elementary
Middle Schools Olean Middle
High Schools Olean Senior High
School District Olean
Others
Senior Community No
Tax ID 041200-094-064-0013-015-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Estate
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