Triplex with Historic
New
For Sale
$159,900
947 N Union Street, Olean, NY 14760
Residential, Olean, NY
Property Size3,536 SF
Lot Size0.12 Acres
Price / SF$45.22
Days on Market1
Property Features for 947 N Union Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 1
Parking features
Driveway, On Street
Patio and Porch features
Porch
Interior features
CeilingFans, NaturalWoodwork
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
East View Elementary
Middle school
Olean Middle
High school
Olean Senior High
Elementary school district
Olean
Middle school district
Olean
High school district
Olean
Directions
From Route 16 turn onto N Union Street the property is just past St. John's Parish on the left
Subdivision
Olean-City-041200
Standard status
Active
APN
041200-094-049-0001-018-001-0000
Size
3,536 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4536
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
porch
private outdoor space
laundry
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Flooring type
Vinyl, Hardwood, Varies
Building materials
WoodSiding, CopperPlumbing, PexPlumbing
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Howard Hanna Professionals - Olean
(716) 372-1155
Listed By:
Paul Pezzimenti · License #10301214758
(716) 378-7039
Added: Aug 29
Last Checked: Aug 29 at 5:06PM
MLS# R1710917
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1915 triplex at 947 N Union Street contains 3536 square feet on a 0.12-acre lot, with three units totaling six bedrooms and three baths. Natural woodwork, hardwood and vinyl flooring, forced-air natural gas heat, public water, and asphalt roofing are among the property’s existing features. Each unit has porch access, while the upper unit includes two porches. The front lower apartment has private laundry, and the upper and rear apartments share basement laundry facilities.
All three apartments are occupied by long-term tenants. A sewer line extending from the street has been replaced, electrical panels have been updated, and utilities are largely separated by unit. The property has no off-street parking; parking is provided by the driveway and on-street spaces. The lower front and rear units currently have electric and water paid by the owner.
All three apartments are occupied by long-term tenants. A sewer line extending from the street has been replaced, electrical panels have been updated, and utilities are largely separated by unit. The property has no off-street parking; parking is provided by the driveway and on-street spaces. The lower front and rear units currently have electric and water paid by the owner.
Key Highlights
- Three‑unit triplex with six bedrooms and three baths
- 3536 square feet on a 0.12‑acre lot
- 1915 construction with natural woodwork throughout
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit property with separated utilities, private porches, and completed sewer and electrical improvements.
Where is this triplex located?
The property is located at 947 N Union Street 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‑unit triplex with six bedrooms and three baths; 3536 square feet on a 0.12‑acre lot; 1915 construction with natural woodwork throughout
