1015 Washington Street Olean-City, NY 14760

Multi-Family (2-4 Units) MLS #: R1589648 Courtesy Of Howard Hanna Holt Real Estate

$89,900

4 beds | 2 baths | 1,988 sq ft
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Est. Property Tax: $3,243
Estimated monthly payments: $663/mo.* (recalculate)

Property InformationDescription

Turnkey investment opportunity in the City of Olean. This upper/lower duplex is fully rented and ready for new ownership. The lower unit is currently leased at $750 per month to a local company that covers all utilities for the tenant. The lease includes a 60-day eviction clause, offering flexibility for future use.

This property has been well maintained, with one side of the roof replaced just a year ago and the other side seven years ago. Both units have separate utilities and heating systems, making it an easy and efficient investment to manage.

The property has a spacious front porch, in unit laundry, appliances, and well kept front and back entrances for each unit.

An additional lot at 1013 Washington will transfer with the sale, providing extra yard space or potential for another driveway. Whether you're expanding your rental portfolio or looking for an owner-occupant opportunity with rental income, this duplex is a solid investment.

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Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Ceiling Fan, Cable Ready
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Floor Covering: Carpet, Laminate, Vinyl
  • Heating System: Baseboard, Steam
  • Lot Size: 0.08 Acres

MAP & DIRECTIONS

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1015 Washington Street, Olean-City, NY 14760
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School Information

1015 Washington Street, Olean-City, NY 14760

Elementary School
Grades PK-3 | Public School
WASHINGTON WEST ELEMENTARY SCHOOL
Olean, NY 14760
1626 Washington St
716.­375.8962
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
10:1
Total Students
299
Elementary School
Grades 4-7 | Public School
OLEAN INTERMEDIATE-MIDDLE SCHOOL
Olean, NY 14760
401 Wayne St
716.­375.8062
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
10:1
Total Students
587
Middle School
Grades 8-12 | Public School
OLEAN SENIOR HIGH SCHOOL
Olean, NY 14760
410 W Sullivan St
716.­375.8029
Distance: 0.4 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
715
High School
Grades 8-12 | Public School
OLEAN SENIOR HIGH SCHOOL
Olean, NY 14760
410 W Sullivan St
716.­375.8029
Distance: 0.4 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
715
Other Nearby Schools Distance Type Grades School Rating
Southern Tier Catholic School 0.7 mi Private KG-12
Archbishop Walsh High School 0.8 mi Private KG-12
East View Elementary School 1.4 mi Public PK-3 D
Cattaraugus-allegany-erie-wyoming Boces 2.1 mi Public KG-12
Allegany-limestone Elementary School 2.7 mi Public PK-5 B+
Allegany-limestone Middle-high School 4.8 mi Public 6-12 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Olean, NY 14760

Median Age: 40.2
Married: 38%
Number of Households: 8,233
Households with Children: 29.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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