Well-Maintained Triplex with
New
For Sale
$159,900
947 N Union St, Olean, NY 14760
Three occupied units feature private porches, separated utilities, and a combination of private and shared laundry areas.
Property Size3,536 SF
Days on Market3
Property Features for 947 N Union St
General Information
Standard status
Active
Size
3,536 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Utilities to Site
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,536
Amenities
porch
laundry
Building Details
Building Size
3,536 SF
Year Built
1915
Buildings
1
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Howard Hanna Professionals
(716) 378-7039
Listed By:
Paul Pezzimenti · License #10401272385
(716) 378-7039
Source:
Elliman
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 6:32PM
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.
Built in 1915, this three-unit residential property offers six bedrooms and three baths across a configuration that includes private outdoor space for every tenancy. The upper unit has two porches, while the lower front unit includes its own laundry; the upper and rear units share basement laundry facilities. Distinctive woodwork is found throughout, and all units are in rentable condition.
The property is fully occupied by three long-term tenants. Improvements include a new sewer line from the street and updated electrical panels. Utilities are largely separated by unit, although the owner currently pays electric and water for the lower front and rear units. There is no off-street parking. Located at 947 N Union St in Olean, NY, the property has a Walk Score of 42 and a Bike Score of 48.
The property is fully occupied by three long-term tenants. Improvements include a new sewer line from the street and updated electrical panels. Utilities are largely separated by unit, although the owner currently pays electric and water for the lower front and rear units. There is no off-street parking. Located at 947 N Union St in Olean, NY, the property has a Walk Score of 42 and a Bike Score of 48.
Key Highlights
- Three units with six bedrooms and three baths total
- Built in 1915 with woodwork throughout
- Three long‑term tenancies currently occupy the property
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
632
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?
Triplex - Three occupied units feature private porches, separated utilities, and a combination of private and shared laundry areas.
Where is this triplex located?
The property is located at 947 N Union St Olean, NY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Three units with six bedrooms and three baths total; Built in 1915 with woodwork throughout; Three long‑term tenancies currently occupy the property
