109 W Green St Olean, NY 14760
Property Features for 109 W Green St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.10 Acres
Building Details
- Year built
- 1895
Source:
Elliman
Listing Agent: Muhammad A Jehangir
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multi-Unit Investment Property in Olean
Located in Olean, NY, this two-story multi-family property was built in 1895. The property includes six fully rented units and an efficiency studio apartment. The total living space is approximately 4,224 square feet, situated on a 4,480 square foot lot. The property generates approximately $5250 per month when fully rented, with monthly expenses of approximately $950. Most tenants participate in Section 8. This property offers income potential with its multi-unit configuration. Property improvements have been made to reduce short-term maintenance concerns. The location adds long-term value. This property is suited for investors seeking consistent cash flow.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.4306805
- Latitude
- 42.0732379
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two-story multi-family property with seven units in Olean, NY.
Where is this apartment building located?
The property is located at 109 W Green St Olean, NY.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: - Generates $5250 per month in rental income from 7 units.; - 7 fully rented units, including an efficiency studio apartment rented for $750.; - Reliable income from mostly Section 8 tenants.
