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    301 Coleman St Olean, NY 14760

    Pending
    For Sale
    $79,900

    MULTI_FAMILY - Other - Olean, NY

    Property size:
    2,764 SF
    Lot size:
    0.17 Acres
    Days on Market:
    313
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 301 Coleman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 1
    Bedrooms
    4
    Bathrooms
    3
    APN
    041200-094-057-0001-013-000-0000
    Parking features
    On Street
    Interior features
    CeilingFans
    Appliances
    GasWaterHeater
    Size
    2,764 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Space Heater, Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Varies, Vinyl
    Building materials
    CompositeSiding, CopperPlumbing
    Architectural style
    Other

    Howard Hanna Holt Real Estate (716) 269-4208 [email protected]

    Listing agent Paul Pezzimenti (716) 372-1155 License #10301214758

    Listing date Jan 28, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Olean Investment Opportunity

    Located in North Olean, this 3-unit property presents an investment opportunity. Situated near Olean Intermediate Middle School and Downtown Olean, the property offers accessibility and convenience. Each unit has separate heating systems. The property includes off-street parking and updated electrical panels. One unit is currently vacant, presenting an opportunity for owner-occupancy or leasing for additional revenue. The property size is 2764 square feet, situated on a lot of 0.1727 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.43247
    Latitude
    42.086201

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in desirable North Olean location with income potential.
    Where is this triplex located?
    The property is located at 301 Coleman St Olean, NY.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Prime location in North Olean, near Olean Intermediate Middle School and Downtown Olean.; - 3-unit property offering income potential for investors or owner-occupiers.; - Separate heating systems for each unit, ensuring tenant independence and utility efficiency.
    (716) 372-1155
    Request Owner's contact information
    301 Coleman St Olean, NY 14760
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    Olean, NY 14760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Coleman St Olean, NY 14760
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