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1507 W State St Olean, NY 14760

For Sale
$179,000

Well-maintained three-unit apartment building in Olean, New York.

Lot size:
0.20 Acres

Property Features for 1507 W State St

General Information

Lot size
0.20 Acres

Building Details

Year built
1910

Source: 3D Real Estate LLC Agent James Dwaileebe

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Olean Multifamily Property for Sale

This well-maintained three-unit multifamily apartment building is centrally located in Olean, New York. The property features two lower apartments, each with one bedroom and one bathroom. The upper apartment includes two bedrooms, one bathroom, and an office that could serve as a third bedroom. The building has hardwood floors throughout and high ceilings, with updated electrical systems. Each apartment is equipped with a washer and dryer. Situated on a double lot, the property is flanked by two established commercial businesses. The lot size allows for the potential addition of a third or fourth unit. This turnkey apartment building is presented as an income-generating opportunity. The owner is selling due to advanced age.
Location Intelligence

Current Use by Public Records

Cityline Sales & Services Garden Center

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
-78.4025076
Latitude
42.0729252

FAQs

What type of property is this?
Triplex - Well-maintained three-unit apartment building in Olean, New York.
Where is this triplex located?
The property is located at 1507 W State St Olean, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: - Turnkey multi-family property with instant income potential.; - Double lot with potential to add 3rd or 4th unit.; - Three apartments: two 1-bedroom units (always filled) and one 2-bedroom unit with office (potential 3rd bedroom).
More about this property
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