This property is being sold with two adjacent properties. One is a beautiful single family home and the other is another income producing property. This fantastic multi-property offering features a 2-unit apartment building, each unit boasting 2 spacious bedrooms, 1 bathroom, a cozy front porch, and convenient off-street parking. Each apartment provides comfortable living spaces, perfect for tenants or owner-occupants looking for additional income. In addition to the 2-unit property, this sale includes a single-family home and an additional 2-unit property, offering great investment potential. Whether you're looking to expand your rental portfolio or live in one unit while generating rental income from the others, this is a prime opportunity. Don’t miss out on this rare chance to own multiple properties in one package! This property is sold with 125 N 2nd and 129 N 2nd
Last Agent to Sell the Property
Listing by Howard Hanna Professionals Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 10/05/2024
Co-Listed By
Listing by Howard Hanna Professionals Brokerage Phone: 716-307-9256 License #40DW0994003
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Utilities
Community Details
Listing and Financial Details
$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
Regis Handley Howard Hanna Professionals
$79,900
Check out this two family income property.
John Dwaileebe Howard Hanna Professionals
$79,900
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
Paul Pezzimenti Howard Hanna Professionals
$110,000
Great 2 unit property in Olean close to hospital and shopping.
John Skadowski Howard Hanna Professionals
$119,000
Multi Family duplex centrally located in the city of Olean. Off street parking, newer roof, new windows, Beautiful wood work, hardwood floors, High ceilings, Front porch. Each apartment has 2 bedrooms and One full bathroom. The upsatirs is currently rented. The lower is vacant but ready to rent. 13% ROI based on asking price.
James Dwaileebe 3D Real Estate LLC
$115,000
Three bed one and a half bath home with 2)one bedroom apartments detached in the back. Take advantage of this home with a first floor laundry and an oversized kitchen with plenty of cupboard and counter space. Main house has a car port for parking your vehicle with one other space for back tenants. Apartments out back have a patio for the downstairs and a covered porch for the upstairs. This
Rebecca Laborde Premier Listings Real Estate
$119,900
Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly
Mason Meggo HUNT Real Estate Corporation
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $64,000 | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,000 | Purchase Money Mortgage | |
| Closed | $88,000 | Stand Alone Refi Refinance Of Original Loan |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $110,000 | -4.3% | $51 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $114,900 | -76.0% | $53 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 10/05/2024 10/05/24 | For Sale | $479,000 | -- | $222 / Sq Ft |
| 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 | $1,944 | $51,500 | $2,500 | $49,000 |
| 2023 | $1,939 | $51,500 | $2,500 | $49,000 |
| 2022 | $1,967 | $51,500 | $2,500 | $49,000 |
| 2021 | $2,024 | $51,500 | $2,500 | $49,000 |
| 2020 | $2,038 | $51,500 | $2,500 | $49,000 |
| 2019 | $773 | $51,500 | $2,500 | $49,000 |
| 2018 | $2,778 | $51,500 | $2,500 | $49,000 |
| 2017 | $2,087 | $51,500 | $2,500 | $49,000 |
| 2016 | $2,065 | $51,500 | $2,500 | $49,000 |
| 2015 | -- | $51,500 | $2,500 | $49,000 |
| 2014 | -- | $51,500 | $2,500 | $49,000 |
Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
205 Total Sales
J
Seller Co-Listing Agent in 2025
John Dwaileebe
Howard Hanna
(716) 378-3953
91 Total Sales
Buyer's Agent in 2025
Karen Callahan
RE/MAX
(716) 244-7878
105 Total Sales
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1570240
APN: 041200-094-065-0010-008-000-0000
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