The Angie Flack Brown Team • Keller Williams Realty Greater Rochester • Change Is Beautiful • (585) 455-5866

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$599,000
3 Days On Site

305 S 8th Street
Olean-City, NY 14760

For Sale|Single Family Residence|Active
3
Beds
1
Full Bath
0
Partial Baths
1,136
SqFt
$527
/SqFt
1890
Built
County:
Cattaraugus
Call Now: (585) 455-5866
Is this the home for you? We can help make it yours.
(585) 455-5866
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Monthly Payment (Est.)

$2,733
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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

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Listing Snapshot
Price 
$599,000
Days On Site 
3 Days
Bedrooms 
3
Inside Area (SqFt) 
1,136 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.1117 Acres
Year Built 
1890
MLS® Number 
R1592359
Status 
Active
Property Tax 
$2,140
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1117
Cross Street 
Irving
Foundation 
Block
Number Of Stories 
2
Parking 
No GarageConcrete
Property Sub Type 
Single Family Residence
Special Circumstances 
Standard
SqFt Total 
1136
Stories 
Two
Style 
Two Story
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterWater Heater
Basement 
Full
Flooring 
OtherSee Remarks
Heating 
Forced AirNatural Gas
Interior 
Eat-in KitchenOtherSee Remarks
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Exterior Features
Lot Features 
Rectangular Lot
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Olean-City-041200
School District 
Olean
Township 
Not Applicable
Schools
School District
Olean
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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