Olean Two-Unit Income
For Sale
$59,000
1313 Reed St, Olean, NY 14760
Two-unit property in Olean, ideal for rental income.
Days on Market101
Property Features for 1313 Reed St
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1892
Listing Agency:
EXP-Premier Listings Team
(716) 307-8894
Listed By:
Claudia Attard-Keary
(716) 307-8894
Source:
Elliman
Added: Apr 21
Changed: Jul 10
Last Checked: Jul 29 at 8:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP-Premier Listings Team
Investment Insights
Based on property information with market context.
Located in Olean, this two-unit property presents an opportunity for portfolio expansion or initiating rental income streams. The property features separate gas, electric, and water utilities, offering convenience and flexibility. A closed-in backyard and parking options are included. The property's price reflects the need for improvements, providing an opportunity to maximize its potential. With updates, it could become a strong income-producing asset. The location provides convenient access to local amenities, shopping, and dining.
Key Highlights
- Income‑producing potential in a desirable location.
- Separate gas, electric, and water utilities for each unit.
- Priced to reflect needed improvements, offering value‑add opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 14760, NY
18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property in Olean, ideal for rental income.
Where is this duplex located?
The property is located at 1313 Reed St Olean, NY.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Income‑producing potential in a desirable location.; Separate gas, electric, and water utilities for each unit.; Priced to reflect needed improvements, offering value‑add opportunity.
