For Sale For Rent
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bedrooms
bedrooms
3
bathrooms
bathrooms
1
square feet
square feet
1,136
acreage
Acreage
0.1117
open houses
Open Houses
-
year built
year built
1890
full baths
Full Baths
1
half baths
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 -
open houses Open houses
None scheduled.
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MLS number: R1592359
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
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