Estimated payment $452/month
Total Views
907
5
Beds
4
Baths
2,608
Sq Ft
$17
Price per Sq Ft
Highlights
- Property is near public transit
- Space Heater
- Carpet
- Corner Lot
About This Home
Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent.
The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
Listing Agent
Listing by ERA Team VP Real Estate Brokerage Phone: 585-610-5805 License #10301206822 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,438
Year Built
- Built in 1950
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
- Corner Lot
- Rectangular Lot
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 2,608 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Gravel Driveway
Location
- Property is near public transit
Utilities
- Space Heater
- Heating System Uses Gas
- Wall Furnace
- Gravity Heating System
- Gas Water Heater
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 041200-094-048-0001-010-000-0000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $45,000 | -- | $17 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Similar Homes in Olean, NY
-
$45,900
- 4 Beds
- 2 Baths
- 1,950 Sq Ft
- 1206 Spruce St
- Olean, NY
Discover potential in this charming investment property. This property features two spacious apartments, each offering two bedrooms and one bath, ideal for tenants seeking comfortable living spaces. While it requires some renovation work, the potential return on investment is promising. Bring your vision to life with the opportunity to personalize and enhance the property to maximize rental
Tina Perkins RE/MAX On Point
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1620966
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