Estimated payment $674/month
Great investment opportunity in the heart of Olean! This 3-unit property at 125 S. 7th St offers solid rental potential with an estimated monthly income of approximately $1,800. Each unit is in overall good condition and the property is being sold as-is, allowing for immediate use or the opportunity to make updates and increase value. The first-floor apartment features an extra room that could easily be converted into an additional bedroom for added income potential. A shared driveway leads to a parking pad in the rear, providing off-street parking for tenants. Conveniently located near downtown, schools, and public transportation, this property is ideal for investors or owner-occupants looking to generate steady rental income. Don’t miss your chance to add this versatile property to your portfolio!
Listing Agent
Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 07/29/2025
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,918 | $50,800 | $2,900 | $47,900 |
| 2023 | $1,913 | $50,800 | $2,900 | $47,900 |
| 2022 | $1,940 | $50,800 | $2,900 | $47,900 |
| 2021 | $1,996 | $50,800 | $2,900 | $47,900 |
| 2020 | $2,010 | $50,800 | $2,900 | $47,900 |
| 2019 | $763 | $50,800 | $2,900 | $47,900 |
| 2018 | $2,740 | $50,800 | $2,900 | $47,900 |
| 2017 | $2,059 | $50,800 | $2,900 | $47,900 |
| 2016 | $2,037 | $50,800 | $2,900 | $47,900 |
| 2015 | -- | $50,800 | $2,900 | $47,900 |
| 2014 | -- | $50,800 | $2,900 | $47,900 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $79,900 | -- | $42 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $52,000 | Edward Wright |
$87,900
Excellent investment opportunity or perfect for owner-occupancy! This well-maintained 2,388 sq ft two-unit property is ideally located near downtown Olean, offering easy access to shopping, dining, schools, parks, and other local amenities. Each unit features 2 bedrooms, 1 full bathroom, spacious living and dining areas, and separate utilities for tenant convenience. On-street parking is
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Prime Investment Opportunity in North Olean!Nestled in the heart of North Olean, this 3-unit property offers incredible potential for investors or owner-occupiers. Located just around the corner from Olean Intermediate Middle School and a short stroll to Downtown Olean, this property provides convenience and accessibility in a highly desirable area.Each unit features separate
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Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1626453
APN: 041200-094-064-0013-062-000-0000
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