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521 2nd Avenue

Olean, NY 14760
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$149,900 $631/Mo
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Bed 6

Bed

Bath 4

Bath

SqFt3,202

Sqft

Acres0.15

Acre(Lot)

This 4 unit investment property is located in the heart of Olean, close to the hospital, manufacturing locations, schools, the highway and the restaurants and shops downtown! Currently, this building has one vacant unit and the property is managed by On Point Property Management. Which is great news for investors or someone who wants to owner occupy the building. All of the utilities have been split up and are paid by the tenants.

Detail Ic Property Details

Property Type : Residential Income

Price : $149,900

AD Id : 71068806

MLS Id : B1654936

Beds : 6

Lot Size : 0.15 Acre

Living Area Size : 3,202

Year Built : 1910

County : Cattaraugus

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full

  • Flooring Information

    Carpet, Laminate, Varies

  • Interior Features

    Ceiling Fan(s), High Speed Internet Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1910 Building Area Total: 3202 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 50X130 Main Square Feet: 0.1492 Acres Lot Size Acres: 0.1492 Lot Size Square Feet: 6500 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $149900 Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 041200-094-050-0001-031-000-0000 Tax Lot: 31 Annual Tax: $5051

  • Parking Information

    Common, Gravel

  • Utility Information

    Cable Available, Sewer Connected, Water Connected

  • Location Information

    WaterSource: Public
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At $46.81 per sq.ft.,this listing is priced below average compared to other multifamily from Olean.

The average multifamily price in Olean is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Cattaraugus County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
316 N 2nd Street, Olean, NY, 14760 $139,500 4 3 2,033 2,033 SqFt
115 Burger Place, Olean, NY, 14760 $149,900 5 2 2,024 2,024 SqFt
705 Irving Street, Olean, NY, 14760 $169,900 6 2 2,570 2,570 SqFt
111 S 7th Street, Olean, NY, 14760 $159,900 4 2 2,326 2,326 SqFt
118 S 7th Street, Olean, NY, 14760 $65,000 3 2 1,542 1,542 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 04/07/2026 @ 00:04

MLS: B1654936 LISTED BY: Patricia Collier, RE/MAX On Point 716-373-7325 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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