bedrooms
5
bathrooms
2
square feet
3,001
Acreage
0.156
Open Houses
-
year built
1910
Full Baths
2
Half Baths
0
Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 13 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market.
Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 305 S 8th St (single-family), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), 217 King St (2-unit), and 116 S 9th St (single-family). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns.
Priced at $599,000, this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio
Location | |
Subdivision | - |
County | Cattaraugus |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: R1592434
Listing agent:
Regis Handley
#10301215129
Listing broker:
Howard Hanna Holt Real Estate
(716) 269-4208
Copyright © 2025 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.
[source]
Last update: Thursday, March 13 2025 at 7:36 p.m. EDT
Kotohomes National
Other listings you might be interested in
$549,900
5 Bed •
3 Bath •
3,220 ft²
7044 Crane Road
Ellicottville, NY 14731
$649,900
5 Bed •
3 Bath •
3,510 ft²
6417 Northwood Drive
Ellicottville, NY 14731
$569,999
4 Bed •
2 Bath •
3,310 ft²
3121 E Church Street
Eden, NY 14057
$945,000
5 Bed •
3 Bath •
3,468 ft²
5523 Sugartown Road
Great Valley, NY 14741
$1,295,000
5 Bed •
3 Bath •
3,543 ft²
240 1/2 Lakeside Drive
Ellery, NY 14712
$579,900
4 Bed •
3 Bath •
2,604 ft²
56 Jefferson Street
Ellicottville, NY 14731
$689,900
5 Bed •
4 Bath •
2,640 ft²
54 Martha Street
Ellicottville, NY 14731
$549,999
4 Bed •
3 Bath •
2,890 ft²
8998 Sandrock Road
Eden, NY 14057
$735,000
5 Bed •
4 Bath •
2,420 ft²
Tbb Lot #5 42 Degrees North
Ellicottville, NY 14731
$499,000
5 Bed •
4 Bath •
4,112 ft²
4473 Bolivar Road
Wellsville, NY 14895
$874,800
5 Bed •
4 Bath •
3,102 ft²
6248 Sommerville Valley Road
Ellicottville, NY 14731
$789,000
4 Bed •
3 Bath •
3,088 ft²
62 Deer Run
Orchard Park, NY 14127