Active
MLS# B1651046
$349,900
Price
6
Beds
-
Baths
4,224
Living Area (Sq.Ft.)
0.103
Lot Area (Acres)
$349,900
Price
6
Beds
-
Baths
4,224
Living Area (Sq.Ft.)
0.103
Lot Area (Acres)
Property Overview <br> <br>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. 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. <br>Investment Highlights <br> <br>Excellent income potential with multi-unit configuration <br> <br>Property improvements reduce short-term maintenance concerns <br> <br>Spacious lot and desirable location add long-term value <br> <br>Ideal for investors seeking consistent cash flow <br> <br>Summary <br> <br>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. <br> <br>Please Note: For the safety and privacy of the tenants, do not disturb or enter the property without being accompanied by a licensed realtor.
Status
Active
Property Type
MultiFamily
Property Sub Type
Other
Year Built
1895
Parcel Number
041200-094-073-0005-029-000-0000
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot
Levels
Two
Lot Size Dimensions
40X112
Stories
2
Property Condition
Resale
Elementary School District
Olean
Middle Or Junior School District
Olean
High School District
Olean
Location

Listing Agent
Muhammad A Jehangir
Listing Office
Century 21 North East
Owner Name
--
Owner Phone
--
Possession
Closing
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, F H A, Private Financing Available
Listing Agreement
ExclusiveAgency
Listing Contract Date
2025-11-22
Owner Pays
All Utilities
Rent Includes
All Utilities
Gross Income
63000
Net Operating Income
-48609
Fire Places Total
0
Flooring
Laminate, Varies, Vinyl
Heating
true
Heating Features
Electric, Gas, Baseboard
Appliances
Electric Cooktop, Electric Water Heater, Gas Cooktop, Gas Water Heater, Refrigerator
Garage
false
Garage Spaces
0
Exterior Features
Concrete Driveway
Water Source
Not Connected, Public
Roof
Asphalt
Utilities
Sewer Available, Water Available
Parking Features
Three Or More Spaces, No Garage
Basement
Partially Finished
Construction Materials
Other, Wood Siding
No schools found

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.