$229,000
$21K PRICE DROP

705 Irving St Olean, NY 14760

Estimated payment $1,556/month

Total Views 18,836
6 Beds
2 Baths
2,570 Sq Ft
$89 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • 1 Car Garage
  • High Speed Internet
  • Baseboard Heating

About This Home

This upper/lower duplex has been beautifully renovated in a prime location. Excellent investment opportunity or perfect for owner-occupancy! Many of the updates include new windows, vinyl siding, new kitchens and baths, front and back decks, flooring, fresh paint, appliances and more. Each unit features 3 bedrooms and 1 full bath. No appliances in the home. Lower unit heats with gas and the upper unit is multi-zoned electric. Total of 2570 sq. ft., 1 car detached garage, shed, nice back yard and an extra lot on the side goes with the home. This is located near downtown Olean, offering easy access to shopping, dining, schools, parks, and other local amenities.

Last Listed By

Ann Croakman

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-359-5094 License #30CR0979393 Listed on: 04/14/2025

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1927

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 64x168
  • Irregular Lot
  • 041200-094-072-0004-006-000-0000

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 041200-094-072-0004-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,325

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1927
  • Attribution Contact: 716-359-5094
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Near Irving and S. 7th
  • Architectural Style: Duplex
  • Flooring: Luxury Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.35
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Electric, Forced Air
  • HeatingYN: Yes
  • Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-072-0004-005-000-0000
  • Lot Dimensions: 64X168
  • Lot Size Sq Ft: 10819.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 041200-094-072-0004-006-000-0000

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3325.0
  • Tax Lot: 5

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 $7,341 $58,000 $5,300 $52,700
2023 $2,184 $58,000 $5,300 $52,700
2022 $2,215 $58,000 $5,300 $52,700
2021 $2,279 $58,000 $5,300 $52,700
2020 $2,295 $58,000 $5,300 $52,700
2019 $871 $58,000 $5,300 $52,700
2018 $3,129 $58,000 $5,300 $52,700
2017 $2,351 $58,000 $5,300 $52,700
2016 $2,325 $58,000 $5,300 $52,700
2015 -- $58,000 $5,300 $52,700
2014 -- $58,000 $5,300 $52,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $229,000 -8.4% $89 / Sq Ft
04/14/2025 04/14/25 For Sale $250,000 -- $97 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Foreclosure Deed -- None Available
Deed $55,000 None Available
Deed $55,000 None Available
Warranty Deed $55,500 --
Warranty Deed $55,500 --
Warranty Deed $55,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Executors Deed $28,000 --
Executors Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 Unknown
Source: Public Records

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    • 4,658 Sq Ft
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    Karen Callahan RE/MAX On Point

    Section Image

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1599426

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0004-005-000-0000