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
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
Property Details
Price:
$599,000
MLS #:
R1591964
Status:
Active
Beds:
3
Baths:
3
Address:
201 North 18th Street
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
Olean-City-041200
City:
Olean-City
Listed Date:
Mar 13, 2025
State:
NY
Finished Sq Ft:
1,342
Total Sq Ft:
1,342
ZIP:
14760
Lot Size:
4,200 sqft / 0.10 acres (approx)
Year Built:
1985
Units:
3
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Schools
School District:
Olean
Interior
Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Hardwood, Varies
Heating
Electric, Baseboard
Exterior
Construction Materials
Vinyl Siding
Parking Features
Two Or More Spaces
Financial
Taxes
$4,013
Map
Community
- Address201 North 18th Street Olean-City NY
- CityOlean-City
- CountyCattaraugus
- Zip Code14760
Similar Listings Nearby
- 206 South 13th Street
Olean-City, NY$599,000
0.46 miles away
- 753-755 Garden Avenue
Olean-City, NY$599,000
1.97 miles away
- 125 North 3rd Street
Olean-City, NY$599,000
0.91 miles away
- 217 King Street
Olean-City, NY$599,000
2.11 miles away
Listing courtesy of Howard Hanna Professionals,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 12:44:26 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 12:44:26 pm.
201 North 18th Street
Olean-City, NY
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