$99,000
PENDING

216 N 15th St Olean, NY 14760

Estimated payment $750/month

Total Views 1,454
7 Beds
3 Baths
2,370 Sq Ft
$42 Price per Sq Ft

Highlights

  • Wood Flooring
  • Rectangular Lot
  • 1-minute walk to Marcus Park & Playfields
  • Baseboard Heating

About This Home

Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment centers, and transportation, this property continues to attract consistent tenant demand. Whether you're looking to expand your holdings or step into real estate investing, this turnkey asset delivers immediate income and long-term potential.

Listing Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 12/05/2025

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1912

Lot Details

  • 8,704 Sq Ft Lot
  • Lot Dimensions are 68x128
  • Rectangular Lot

Parking

  • Common or Shared Parking

Home Design

  • Triplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 041200-094-055-0004-023-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1912
  • Attribution Contact: 716-353-3222
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Features: Pull Down Attic Stairs
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers, Fuses
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1998
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Common, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • 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: 041200-094-055-0004-023-000-0000
  • Lot Dimensions: 68X128
  • Lot Size Sq Ft: 8704.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2814.0
  • Tax Lot: 23

Map

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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 $3,288 $52,000 $6,000 $46,000
2023 $1,958 $52,000 $6,000 $46,000
2022 $1,986 $52,000 $6,000 $46,000
2021 $2,043 $52,000 $6,000 $46,000
2020 $2,058 $52,000 $6,000 $46,000
2019 $781 $52,000 $6,000 $46,000
2018 $2,805 $52,000 $6,000 $46,000
2017 $2,108 $52,000 $6,000 $46,000
2016 $2,085 $52,000 $6,000 $46,000
2015 -- $52,000 $6,000 $46,000
2014 -- $52,000 $6,000 $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $99,000 -- $42 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1653704

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.055-4-23