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This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and bathrooms. The roof is just 2 years old, and most of the windows have been replaced. The home also boasts new carpet, fresh paint, and updated fixtures throughout, all completed within the last 10 years. Additionally, the property has separate utilities, with two new hot water tanks and a furnace that's only 1 year old upstairs (the downstairs furnace is 8 years old). Currently, both units are occupied with below-market rents at $725 and $625, offering plenty of room for rental income growth. Invest in yourself!!! Don't miss out on this great"‹"‹"Œ"‹"‹"‹"‹"Œ"‹"Œ"‹"‹"‹"Œ"Œ"‹"‹"‹"Œ"Œ"Œ"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"‹"‹ opportunity!
| DAYS ON MARKET | 2 | LAST UPDATED | 11/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | Olean-City-041200 |
| COUNTY | Cattaraugus | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| APPLIANCES | Built-In Range, Dryer, Gas Water Heater, Oven, Refrigerator, Washer, Water Heater |
|---|---|
| AREA | Olean-City-041200 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Other |
| LOT | 2801 sq ft |
| LOT DESCRIPTION | Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 28X100 |
| PARKING | No Garage, Paved |
| STORIES | 2 |
| TAXES | 1707 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: James Hinman, Howard Hanna, 585-352-8833
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