109 W Green ST Olean, NY 14760
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $92
MLS Listing ID B1651046
Bedrooms 6
Construction Status Existing
HOA Y/N No
Year Built 1895
Annual Tax Amount $4,609
Lot Size 4,477 Sqft
Acres 0.1028
Lot Dimensions 40X112
Property Sub-Type Other
Property Description
Step into a rare investment gem in the heart of Olean, NY! This beautifully maintained two-story multi-family property, built in 1895, offers approximately 4,224 sf of living space across six fully rented units and an efficiency studio apartment rented for $750. 7 units average fetching $5250 per month with monthly expense of approx $950 when fully rented. Most of tenants are Section8. Sitting on a generous 4,480 sq ft lot , this property combines historic charm with modern updates, creating an unbeatable opportunity for savvy investors or hands-on owners seeking steady income and long-term growth.
Investment Highlights
Excellent income potential with multi-unit configuration
Property improvements reduce short-term maintenance concerns
Spacious lot and desirable location add long-term value
Ideal for investors seeking consistent cash flow
Summary
109 West Green St is a smart investment in Olean, NY, blending historic charm with income-producing potential. With thoughtful upgrades, a prime location, and multiple rental units, this property is poised to deliver both short-term income and long-term growth.
Please Note: For the safety and privacy of the tenants, do not disturb or enter the property without being accompanied by a licensed realtor.
Location
State NY
County Cattaraugus
Area Olean-City-041200
Rooms
Basement Partially Finished
Interior
Heating Electric, Gas, Baseboard
Flooring Laminate, Varies, Vinyl
Fireplace No
Appliance Electric Cooktop, Electric Water Heater, Gas Cooktop, Gas Water Heater, Refrigerator
Exterior
Exterior Feature Concrete Driveway
Utilities Available Sewer Available, Water Available
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot
Story 2
Water Not Connected, Public
Level or Stories Two
Structure Type Other,Wood Siding
Construction Status Existing
Schools
School District Olean
Others
Senior Community No
Tax ID 041200-094-073-0005-029-000-0000
Acceptable Financing Cash, Conventional, FHA, Owner Will Carry, Private Financing Available
Listing Terms Cash, Conventional, FHA, Owner Will Carry, Private Financing Available
Special Listing Condition Standard
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