Great rental property, Both units are rented out. Downstairs is partially furnished and has been redone with all new flooring, kitchen fixed up with new backsplash, replacement windows... This is turn key and brings in $1350 a month. It is a 2 bedroom, one bath unit. The upstairs has also been fixed up and brings in $900 a month rent. It has 2 nice size bedrooms and 1 bath. These units are tastefully done and have laundry hookups in each unit. The location is outstanding, close to the YMCA, Bicycle trail, stores, schools... Off street parking. Great Investment property!
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
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
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 HandleyHoward Hanna Professionals - Olean
$79,900
4 Beds
2 Baths
1,738 Sq Ft
Great investment property two family home . set up a viewing today.
CASH FLOW OPPORTUNITY!! This property is turnkey for any investor looking to enhance their portfolio. All units have been maintained and upgraded and it's a ready made purchase, priced to cash flow for new buyer. *This property is part of a 11 unit portfolio (2 additional properties) and there's an opportunity to buy the entire portfolio to add 11 additional units to your current portfolio. Come
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.
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
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Crawford John J
$110,000
None Available
Abmz Llc
$27,500
None Available
Abmz Llc
$157,000
None Available
Abmz Llc
$157,000
None Available
Callahan Karen
--
Daniel A. Derose
Callahan Karen
--
Daniel A. Derose
Ewings Randy
$48,500
Daniel R Palumbo
Ewings Randy
$48,500
Daniel R Palumbo
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Crawford John J
$88,000
Previous Owner
Callahan Karen
$40,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
08/22/202408/22/24
Sold
$110,000
-16.7%
$58 / Sq Ft
07/03/202407/03/24
Pending
--
--
--
05/14/202405/14/24
For Sale
$132,000
--
$69 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 502 N 8th St, Olean, NY 14760 since 13 May 2024 and is currently estimated at $110,772, approximately $57 per square foot. This property was built in 1910. 502 N 8th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.