This well-maintained duplex offers a fantastic income property opportunity with significant potential for returns. Featuring an upper 2-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, the property has been updated with new carpets, windows, and electric systems. They are also Furnished with Appliances, and both are ready for you to rent out immediately, at a suggested rate in the ballpark of $950/month plus utilities. The Bottom unit comes with convenient laundry hookups and access to a full basement. Ideally located in a walkable downtown area, you’ll be close to grocery stores, restaurants, churches, and parks, offering both convenience and appeal to tenants. This duplex is one of five “row houses,” and the buyer will have the first opportunity to purchase the other three properties when the seller is ready to sell (104, 106 & 108 N Clinton St). Additionally, the adjacent home at 212 E. State St, a 3-bedroom rental, is also available for an additional $49,900. Don’t miss this excellent investment opportunity!
Property Details
Price:
$179,000
MLS #:
R1587180
Status:
Active
Beds:
4
Baths:
2
Address:
214 East State Street
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
Olean-City-041200
City:
Olean-City
Listed Date:
Feb 26, 2025
State:
NY
Finished Sq Ft:
1,716
Total Sq Ft:
1,716
ZIP:
14760
Lot Size:
436 sqft / 0.01 acres (approx)
Year Built:
1900
Units:
2
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Schools
School District:
Olean
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Hardwood, Tile, Varies
Heating
Electric, Baseboard
Exterior
Construction Materials
Wood Siding
Parking Features
Common
Financial
Taxes
$1,788
Map
Community
- Address214 East State Street Olean-City NY
- CityOlean-City
- CountyCattaraugus
- Zip Code14760
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Listing courtesy of Premier Listings Real Estate,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 5:44:58 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 5:44:58 pm.
214 East State Street
Olean-City, NY
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