4-Unit Multifamily
For Sale
$149,900
521 2nd Ave, Olean, NY 14760
Tenant-paid utilities and professional management support straightforward ownership and operations.
Property Size3,202 SF
Days on Market127
Property Features for 521 2nd Ave
General Information
Standard status
Active
Size
3,202 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,051
Building Details
Building Size
3,202 SF
Year Built
1910
Stories
2
Units
4
Listing Agency:
(716) 307-3727
Listed By:
Patricia L Collier
(716) 307-3727
Source:
Elliman
Added: Apr 27
Changed: Aug 29
Last Checked: Aug 30 at 7:07PM
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 Patricia L Collier
Investment Insights
Based on property information with market context.
Built in 1910, this multifamily property contains four residential units, including one currently available for occupancy. On Point Property Management oversees the building, providing an established management arrangement for a purchaser or an owner-occupant.
Separate utility accounts are in place, with tenants responsible for payment. The property is situated in Olean near a hospital, manufacturing locations, schools, highway access, and downtown restaurants and shops. Walk Score is 28, and Bike Score is 35.
Separate utility accounts are in place, with tenants responsible for payment. The property is situated in Olean near a hospital, manufacturing locations, schools, highway access, and downtown restaurants and shops. Walk Score is 28, and Bike Score is 35.
Key Highlights
- Four‑unit multifamily building constructed in 1910
- One unit is currently vacant
- Property managed by On Point Property Management
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
579
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?
Quadplex - Tenant-paid utilities and professional management support straightforward ownership and operations.
Where is this quadplex located?
The property is located at 521 2nd Ave Olean, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Four‑unit multifamily building constructed in 1910; One unit is currently vacant; Property managed by On Point Property Management
