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 #:
R1592359
Status:
Active
Beds:
3
Baths:
1
Address:
305 South 8th Street
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
Olean-City-041200
City:
Olean-City
Listed Date:
Mar 13, 2025
State:
NY
Finished Sq Ft:
1,136
Total Sq Ft:
1,136
ZIP:
14760
Lot Size:
4,864 sqft / 0.11 acres (approx)
Year Built:
1890
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Schools
School District:
Olean
Interior
Appliances
Appliances Negotiable, Gas Water Heater
Bathrooms
1 Full Bathroom
Flooring
Other, See Remarks
Heating
Gas, Forced Air
Exterior
Architectural Style
Two Story
Construction Materials
Composite Siding
Exterior Features
Concrete Driveway
Parking Features
No Garage
Financial
Taxes
$2,140
Map
Community
- Address305 South 8th Street Olean-City NY
- CityOlean-City
- CountyCattaraugus
- Zip Code14760
Similar Listings Nearby
- 116 South 9th Street
Olean-City, NY$599,000
0.19 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 4:10:52 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-19-2025 4:10:52 pm.
305 South 8th Street
Olean-City, NY
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