Multifamily Property with High
For Sale
Contact for pricing
Pending
321 N 1st Street, Olean, NY 14760
Multifamily investment with high ceilings, natural woodwork, and recent sewer line connection to city service.
Property SizeContact for details
Days on Market128
Property Features for 321 N 1st Street
General Information
Standard status
Pending
Property subtype
Multifamily, Business for Sale
Listing Agency:
Howard Hanna Professionals
(716) 378-7039
Listed By:
Paul Pezzimenti · License #NY 10401272385
Source:
Crexi
Added: Apr 11
Changed: Aug 12
Last Checked: Aug 13 at 12:53PM
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 Howard Hanna Professionals
Investment Insights
Based on property information with market context.
This multifamily property is presented as a ready-to-go investment. The interior features natural woodwork, high ceilings, and tile around fireplaces, reflecting a character-forward layout. The property also includes a recently installed sewer line hooked up to the main city sewer line.
Operations are currently supported through outsourced management with minimal owner interaction. The management company would remain in place if the new owner chooses to continue that arrangement.
The sale may include additional residential income properties: 321 N 1st Street (94.057-5-29), 111 North Clinton Street (94.065-7-14), and 125 S Barry Street (94.065-7-39).
Operations are currently supported through outsourced management with minimal owner interaction. The management company would remain in place if the new owner chooses to continue that arrangement.
The sale may include additional residential income properties: 321 N 1st Street (94.057-5-29), 111 North Clinton Street (94.065-7-14), and 125 S Barry Street (94.065-7-39).
Key Highlights
- Multifamily investment featuring natural woodwork, high ceilings, and tile around fireplaces
- Recently installed sewer line hooked up to the main city sewer line
- Currently managed by an outsourced management company with minimal owner interaction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,181
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily investment with high ceilings, natural woodwork, and recent sewer line connection to city service.
Where is this multifamily property located?
The property is located at 321 N 1st Street Olean, NY.
What are key features of this property?
This property features: Multifamily investment featuring natural woodwork, high ceilings, and tile around fireplaces; Recently installed sewer line hooked up to the main city sewer line; Currently managed by an outsourced management company with minimal owner interaction
