Olean, NY Apartment buildings for sale

Updated: Apr 12

17-Unit Apartment Portfolio

113 S 6th, 521 Second Ave, 316 N 5th St, 203 N Clinton Street, Olean, NY 14760

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17‑unit portfolio across four Olean, NY apartment properties
Reported 12.3% CAP RATE
Fully occupied at listing with all tenants paying rent
203‑205 N Clinton Street: fully remodeled four‑unit with four three‑bedroom apartments
113 S 6th Street: fully remodeled seven‑unit with five one‑bedroom and two two‑bedroom apartments plus a garage

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Updated: Apr 11

Two-Building Multifamily Investment

633 Garden Avenue, Olean, NY 14760

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9‑unit, 2‑building rental property on Garden Ave in East Olean with off‑street parking
Unit mix: 6 two‑bedroom units, 2 three‑bedroom units, and 1 one‑bedroom unit
Monthly income reported: $5,575 ($66,900 yearly) from current rents
Landlord pays electricity for one of the two‑bedroom units; remaining units pay their own utilities
Includes a storage building that is not currently rented

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Olean, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

20-Unit Apartment Complex

305 N Work St., Falconer, NY 14733

$1,100,000

23,215 sqft 1.40 AC lot

All-electric, individually metered units with two coin-operated laundry rooms on a private, fenced property.

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20-Unit Apartment Building

305 N Work St, Falconer, NY 14733

$1,100,000

23,215 sqft

All-electric units include individual meters, stoves, and refrigerators.

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Restaurant with Ready-to-Run Equipment

1414 E 2nd St, Jamestown, NY 14701

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7,406 sqft

Fully operational restaurant with extensive equipment plus 22 rentable units in a corner-lot building with recent exterior updates.

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Mixed-Use Building with Commercial Space

121 Willard St, Jamestown, NY 14701

$44,900

0.04 AC lot

Mixed-use building featuring commercial space and an upstairs apartment.

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