947 N Union Street
Olean, NY 14760
6
Bed
3
Bath
3,536Sqft
0.12Acre(Lot)
THREE UNITS, THREE LONG-TERM TENANCIES, AND WOODWORK YOU HAVE TO SEE Some multi-family properties are bought for the spreadsheet alone. This one gives you both — a solid set of numbers and a building people actually want to live in. THE CONDITION The property presents as well maintained throughout — looked after rather than merely occupied. All three units are in solid rentable condition today, with incredible woodwork throughout. WHAT HAS ALREADY BEEN DONE NEW SEWER LINE FROM THE STREET. If you have owned rental property in an older neighborhood, you know exactly what this is worth. It is among the most expensive and disruptive repairs a building of this era can face, and it is done. UPDATED ELECTRICAL PANELS. UTILITIES LARGELY SEPARATED by unit, keeping operating costs p
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Has Basement: Yes Basement: Dirt Floor, Full -
Flooring Information
Hardwood, Varies, Vinyl -
Roofing Information
Asphalt -
Interior Features
Ceiling Fan(s), Natural Woodwork Roof: Asphalt Appliances: Gas Water Heater, Water Heater Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Wall Furnace, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s)
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Building Information
Year Built: 1915 Building Area Total: 3536 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No
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Lot Information
Lot Dimensions: 40X115 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227 Lot Description: Rectangular Lot
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Listing Price Information
Listing Price: $159900 Cash, Conventional, FHA
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Tax Information
Parcel Number: 041200-094-049-0001-018-001-0000 Tax Lot: 18 Annual Tax: $4536
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Parking Information
On Street
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School Information
Elementary School: East View ElementaryJunior High School: Olean MiddleSenior High School: Olean Senior High -
Utility Information
Cable Available, Sewer Connected, Water Connected -
Location Information
Direction: From Route 16 turn onto N Union Street the property is just past St. John's Parish on the left WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 817 Bishop Street, Olean, NY, 14760 | $148,000 | 5 | 2 | 2,128 | 0.17 Acre |
| 305 Tompkins Street, Olean, NY, 14760 | $35,000 | 5 | 2 | 2,256 | 0.08 Acre |
| 303 E Water Street, Olean, NY, 14760 | $129,900 | 7 | 4 | 3,780 | 0.22 Acre |
| 207 N 5th Street, Olean, NY, 14760 | $45,000 | 4 | 2 | 2,545 | 0.13 Acre |
| 217 N 5th Street, Olean, NY, 14760 | $94,900 | 6 | 2 | 2,603 | 0.12 Acre |
| 708 W Green Street, Olean, NY, 14760 | $39,000 | 6 | 3 | 2,506 | 0.15 Acre |
| 815 Washington Street, Olean, NY, 14760 | $129,900 | 4 | 2 | 2,098 | 0.11 Acre |
| 1206 Spruce Street, Olean, NY, 14760 | $14,900 | 4 | 2 | 1,950 | 0.09 Acre |
| 201 N 13th Street, Olean, NY, 14760 | $139,999 | 4 | 3 | 2,064 | 0.08 Acre |
| 1313 Reed Street, Olean, NY, 14760 | $59,000 | 4 | 2 | 1,666 | 0.10 Acre |
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Nearby For Sale
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ByOwner last updated this listing 09/02/2026 @ 10:38
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