Estimated payment $320/month
Highlights
- Wood Flooring
- Rectangular Lot
- 5-minute walk to Lincoln Park
- Hot Water Heating System
About This Home
Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. Positioned just off the parking area of Jamestown Community College, this location adds to the property’s overall accessibility and visibility. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.
Listing Agent
Listing by EXP-Premier Listings Team Brokerage Phone: 716-907-7205 License #10401373976 Listed on: 04/20/2026
Co-Listing Agent
Listing by EXP-Premier Listings Team Brokerage Phone: 716-907-7205 License #40AT1023399
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,617
Year Built
- Built in 1910
Lot Details
- 3,364 Sq Ft Lot
- Lot Dimensions are 29x116
- Rectangular Lot
Interior Spaces
- 2,256 Sq Ft Home
- 2-Story Property
- Partial Basement
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 51
- Assessor Parcel Number 041200-094-065-0004-051-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,821 | $28,800 | $2,500 | $26,300 |
| 2024 | $1,821 | $28,800 | $2,500 | $26,300 |
| 2023 | $1,084 | $28,800 | $2,500 | $26,300 |
| 2022 | $1,100 | $28,800 | $2,500 | $26,300 |
| 2021 | $1,132 | $28,800 | $2,500 | $26,300 |
| 2020 | $4,366 | $28,800 | $2,500 | $26,300 |
| 2019 | $2,136 | $28,800 | $2,500 | $26,300 |
| 2018 | $7,828 | $28,800 | $2,500 | $26,300 |
| 2017 | $2,466 | $28,800 | $2,500 | $26,300 |
| 2016 | $3,506 | $28,800 | $2,500 | $26,300 |
| 2015 | -- | $28,800 | $2,500 | $26,300 |
| 2014 | -- | $28,800 | $2,500 | $26,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $35,000 | -- | $16 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $140,000 | None Available | |
| Deed | $6,000 | Ronald Ploetz | |
| Deed | $32,000 | -- | |
| Deed | $32,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $688,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1673237
APN: 041200-094-065-0004-051-000-0000
Ask me questions while you tour the home.