Active

201 N 18th Street

Olean, NY 14760

$145,000 $611/Mo

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Overview

Bed

Bath

1,342

Sqft

0.10

Acre(Lot)

Description

Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes five properties, consisting of a mix of multi-family units, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), and 217 King St (2-unit). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $419,000 this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio

Property Details

Property Type : Residential

Price : $145,000

AD Id : 85009860

MLS Id : R1691388

Beds : 3

Lot Size : 0.10 Acre

Living Area Size : 1,342

Year Built : 1985

Garage : 1

County : Cattaraugus

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Hardwood, Varies
Interior Features

Appliances: Electric Water Heater, Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Baseboard

Building Information

Year Built: 1985 Building Area Total: 1342 Construction Materials: Vinyl Siding Stories: 1 Private Pool: No

Lot Information

Lot Dimensions: 40X105 Main Square Feet: 0.0964 Acres Lot Size Acres: 0.0964 Lot Size Square Feet: 4200 Lot Description: Rectangular Lot

Listing Price Information

Listing Price: $145000 Cash, Conventional

Tax Information

Parcel Number: 041200-094-055-0002-020-000-0000 Tax Lot: 20 Annual Tax: $4305

Garage Information

Has Garage: Yes Garage Space: 1

Utility Information

Sewer Connected, Water Connected
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
115 Burger Place, Olean, NY, 14760	$143,500	5	2	2,024	2,024 SqFt
217 N 5th Street, Olean, NY, 14760	$99,900	6	2	2,603	2,603 SqFt
1010 Buffalo Street, Olean, NY, 14760	$59,900	6	2	2,228	2,228 SqFt
101 & 103 N 19th Street, Olean, NY, 14760	$224,900	3	3	1,703	1,703 SqFt

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$143,500

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115 Burger Place,
Olean, NY, 14760

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217 N 5th Street,
Olean, NY, 14760

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101 & 103 N 19th Street,
Olean, NY, 14760

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1010 Buffalo Street,
Olean, NY, 14760

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 00:03

MLS: R1691388 LISTED BY: Regis Handley, Howard Hanna Professionals - Olean 716-372-1155 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)