116 South 9th Street, Olean-city, New York 14760, Olean-city, New York 14760
Bedrooms : 3
Bathrooms : 1
Square Footage : 1,288 Sqft
Visits : 17 in 59 days
$599,000
Features
Heating System :
Gas, Forced Air
Basement :
Full
Appliances :
Gas Water Heater, Appliances Negotiable
Architectural Style :
Two Story
Parking Features :
No Garage, No Driveway
Pool Expense : $0
Sewer :
Connected
Address Map
State :
NY
County :
Cattaraugus
City :
Olean-city
Zipcode :
14760
Street : 116 South 9th Street, Olean-city, New York 14760
Floor Number : 0
Longitude : W79° 33' 31.2''
Latitude : N42° 4' 35.4''
MLS Addon
Office Name : Howard Hanna Professionals
Association Fee : $0
Bathrooms Total : 1
Building Area : 1,288 Sqft
CableTv Expense : $0
Construction Materials :
Wood Siding
Electric Expense : $0
Flooring :
Hardwood, Varies
Interior Features :
Eat-in Kitchen, Separate/formal Living Room
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
Lot Features :
Rectangular, Residential Lot
LotSize Dimensions : 29X128
Maintenance Expense : $0
Parcel Number : 041200-094-064-0011-020-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
AttributionContact : 716-307-9256
Property Description
Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 13 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), 305 S 8th St (single-family), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), 217 King St (2-unit), and 116 S 9th St (single-family). 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 $599,000, 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
