$89,500

207 N 11th St Olean, NY 14760

Estimated payment $678/month

Total Views 1,196
5 Beds
2 Baths
2,452 Sq Ft
$37 Price per Sq Ft

Highlights

  • Wood Flooring
  • Rectangular Lot
  • 5-minute walk to Marcus Park & Playfields
  • Forced Air Heating System
  • Wood Siding

About This Home

Beautifully remodeled two unit apartment for sale, perfect for investors or homeowners seeking rental income. Each unit features modern finishes with ample lighting creating a welcoming atmosphere. Upstairs has 3 bedrooms and 1 bath. Downstairs has 2 bedrooms with an extra 3rd room that is small but could be used as a childs bedroom or office. Updated stylish bathrooms, updated kitchens. Some wood flooring. Tenants are renting on a month to month basis and pay for all their own utilities. Separate meters. Close to shopping and restaurants.

Listing Agent

Karen Callahan

Listing by RE/MAX On Point Brokerage Phone: 716-373-7325 License #10401294365 Listed on: 11/03/2025

RE/MAX On Point

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1885

Lot Details

  • 4,940 Sq Ft Lot
  • Lot Dimensions are 38x130
  • Rectangular Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 041200-094-064-0002-047-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,494

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Hot Water
  • Year Built: 1885
  • Attribution Contact: 716-373-7325
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Hardwood, Laminate, Tile, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1134
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0002-047-000-0000
  • Lot Dimensions: 38X130
  • Lot Size Sq Ft: 4940.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2494.0
  • Tax Lot: 47

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,884 $46,000 $3,600 $42,400
2023 $1,732 $46,000 $3,600 $42,400
2022 $1,757 $46,000 $3,600 $42,400
2021 $1,808 $46,000 $3,600 $42,400
2020 $4,460 $46,000 $3,600 $42,400
2019 $1,174 $46,000 $3,600 $42,400
2018 $4,547 $46,000 $3,600 $42,400
2017 $3,185 $46,000 $3,600 $42,400
2016 $4,704 $46,000 $3,600 $42,400
2015 -- $46,000 $3,600 $42,400
2014 -- $46,000 $3,600 $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 For Sale $89,500 +138.7% $37 / Sq Ft
10/18/2022 10/18/22 Sold $37,500 +8.7% $15 / Sq Ft View Prior Sale
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $34,500 -- $14 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Deed $12,500 Gregory Shemeld
Deed $31,539 Daniel Palumbo
Deed $8,694 --
Foreclosure Deed -- --
Deed $5,523 --
Foreclosure Deed -- --
Deed $28,000 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,700 Purchase Money Mortgage
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1648635

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0002-047-000-0000