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114 East Green Street, Olean, New York 14760

114 East Green Street, Olean, New York 14760, Olean, New York 14760

  • Bedrooms : 2
  • Bathrooms : 2
  • Square Footage : 1,830 Sqft
  • Visits : 13 in 1 days
$120,000
Features
Heating System :
Gas, Forced Air
Basement :
Full
Appliances :
Gas Water Heater
Architectural Style :
Duplex
Parking Features :
Two Or More Spaces, Garage
Pool Expense : $0
Roof :
Shingle, Architectural
Sewer :
Connected
Address Map
State :
NY
County :
Cattaraugus
City :
Olean
Zipcode :
14760
Street : 114 East Green Street, Olean, New York 14760
Floor Number : 0
Longitude : W79° 34' 16.5''
Latitude : N42° 4' 23.6''
MLS Addon
Office Name : Myoungjin Joo
Association Fee : $0
Bathrooms Total : 2
Building Area : 1,830 Sqft
CableTv Expense : $0
Construction Materials :
Wood Siding, Attic/Crawl Hatchway(s) Insulated
DOM : 2
Electric Expense : $0
Flooring :
Carpet, Hardwood, Tile, Varies
Garage Spaces : 2
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash,Conventional,FHA,USDA Loan,VA Loan
Lot Features :
Rectangular, Rectangular Lot, Residential Lot
LotSize Dimensions : 38X240
Maintenance Expense : $0
Parcel Number : 041200-094-073-0006-006-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
AttributionContact : 585-203-6393
Property Description

Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried’s Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : R1724209
Price : $120,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1,830 Sqft
Year Built : 1920
Lot Area : 9,120 Sqft
Status : Active
Property Sub Type : Multi Family
Agent info
Mandy Carl
Element Realty Services
Element Realty Services
390 Elmwood Avenue
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