Olean Two-Unit Income
For Sale
$35,000
305 Tompkins St, Olean, NY 14760
Two-unit property near Jamestown Community College, ideal for rental income.
Property Size2,256 SF
Days on Market160
Property Features for 305 Tompkins St
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$1,617
Building Details
Building Size
2,256 SF
Year Built
1910
Stories
2
Units
2
Listing Agency:
EXP-Premier Listings Team
Listed By:
Christine Calbi · License #10401373976
(716) 907-7205
Source:
Elliman
Added: Apr 21
Changed: Sep 12
Last Checked: Sep 26 at 10:26AM
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 those seeking to expand their portfolio or initiate rental income streams. The property features separate gas, electric, and water utilities, offering convenience and flexibility. Situated just off the parking area of Jamestown Community College, the location enhances accessibility and visibility. 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 is near local amenities, shopping, and dining. The bike score is 67, indicating it is bikeable, and the walk score is 75, indicating it is very walkable.
Key Highlights
- Two‑unit property ideal for rental income or portfolio expansion
- Separate gas, electric, and water utilities for each unit
- Convenient location near Jamestown Community College
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
809
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property near Jamestown Community College, ideal for rental income.
Where is this duplex located?
The property is located at 305 Tompkins St Olean, NY.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Two‑unit property ideal for rental income or portfolio expansion; Separate gas, electric, and water utilities for each unit; Convenient location near Jamestown Community College
