$135,000
SOLD FEB 6, 2026

635 S Union St Olean, NY 14760

7 Beds
-- Bath
4,000 Sq Ft
13,569 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

7% Below List Price

47 Days on Market

Highlights

  • Baseboard Heating
  • Rectangular Lot
  • Carpet
  • Garage
  • Wood Siding

About This Home

As of February 2026

Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 09/12/2025

Howard Hanna Professionals - Olean

Last Buyer's Agent

Deon Gayton

Listing by EXP-Premier Listings Team License #10401396734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 1910

Lot Details

  • 13,568 Sq Ft Lot
  • Lot Dimensions are 106x128
  • Rectangular Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 7 Bedrooms
  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • Garage
  • No Garage
  • Driveway

Utilities

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

Community Details

  • 7 Units

Listing and Financial Details

  • Rent includes common area maintenance, parking, snow removal
  • Tax Lot 23
  • Assessor Parcel Number 041200-094-081-0002-023-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,769

Year Built

Built in 1910

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Parking, Snow Removal
  • Year Built: 1910
  • Attribution Contact: 716-307-9256
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Electric Water Heater, Gas Water Heater
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3115
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: One and One Half Spaces, Garage, No Garage

Utilities

  • Heating: Electric, Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-081-0002-023-000-0000
  • Lot Dimensions: 106X128
  • Lot Size Sq Ft: 13568.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 4769.0
  • Tax Lot: 23
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2026 02/06/26 Sold $135,000 -6.8% $34 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $144,900 -- $36 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,374 $85,000 $18,400 $66,600
2024 $5,374 $85,000 $18,400 $66,600
2023 $3,200 $85,000 $18,400 $66,600
2022 $3,246 $85,000 $18,400 $66,600
2021 $3,340 $85,000 $18,400 $66,600
2020 $3,363 $85,000 $18,400 $66,600
2019 $1,276 $85,000 $18,400 $66,600
2018 $4,585 $85,000 $18,400 $66,600
2017 $3,445 $85,000 $18,400 $66,600
2016 $3,408 $85,000 $18,400 $66,600
2015 -- $85,000 $18,400 $66,600
2014 -- $85,000 $18,400 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1637766

Chautauqua-Cattaraugus Board of REALTORS®
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