$79,900
PENDING

301 Coleman St Olean, NY 14760

Estimated payment $646/month

Total Views 1,554
4 Beds
3 Baths
2,764 Sq Ft
$29 Price per Sq Ft

Highlights

  • Corner Lot
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System
  • High Speed Internet

About This Home

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 heating systems, ensuring tenant independence and utility efficiency. The property also includes off-street parking, updated electrical panels, and solid rental layouts.

One unit is currently vacant, presenting a fantastic opportunity for an owner-occupier to enjoy the benefits of homeownership while generating rental income—or simply lease the space for additional revenue.

Whether you’re a seasoned investor or just starting your real estate journey, this property offers a combination of location, flexibility, and income potential that is hard to beat.

Listing Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals Brokerage Phone: 716-378-7039 License #10301214758

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1880

Lot Details

  • 7,524 Sq Ft Lot
  • Lot Dimensions are 66x114
  • Corner Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Stone Foundation
  • Siding
  • Copper Plumbing

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • On-Street Parking

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 041200-094-057-0001-013-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,409

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1880
  • Attribution Contact: 716-378-7039
  • Lot Features: Corner Lot, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 16, turn onto Wayne St, turn down Brickell Ave, the property is on the corner of Coleman St and Brickell Ave.
  • Architectural Style: Triplex
  • Flooring: Carpet, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1727
  • Waterfront: No
  • Construction Type: Composite Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Common, On Street, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air, Space Heater
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-057-0001-013-000-0000
  • Lot Dimensions: 66X114
  • Lot Size Sq Ft: 7524.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2409.0
  • Tax Lot: 13

MLS Schools

  • Elementary School: Washington West Elementary

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 $2,857 $45,000 $5,400 $39,600
2023 $1,694 $45,000 $5,400 $39,600
2022 $1,719 $45,000 $5,400 $39,600
2021 $1,768 $45,000 $5,400 $39,600
2020 $1,781 $45,000 $5,400 $39,600
2019 $675 $45,000 $5,400 $39,600
2018 $2,427 $45,000 $5,400 $39,600
2017 $1,824 $45,000 $5,400 $39,600
2016 $1,804 $45,000 $5,400 $39,600
2015 -- $45,000 $5,400 $39,600
2014 -- $45,000 $5,400 $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $79,900 -- $29 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1585456

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-057-0001-013-000-0000