Olean Real Estate

Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried's Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.

120 E Green Street, Olean

$140,000

2 Beds ⋅ 2 Baths ⋅ R1724730 MLS

Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried's Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.

118 E Green Street, Olean

$120,000

2 Beds ⋅ 2 Baths ⋅ R1724729 MLS

Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried's Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.

116 E Green Street, Olean

$120,000

2 Beds ⋅ 2 Baths ⋅ R1724209 MLS

Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried's Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.

114 E Green Street, Olean

$329,900

4 Beds ⋅ 3 Baths ⋅ R1724483 MLS

Welcome to York Street Country House, a 1929 classic tucked at the foot of a forest-covered mountain on one of Seneca Heights' most picturesque streets. With over $75,000 in recent upgrades, this 2,934 sq. ft., 4-bedroom, 3-bath home has been lovingly restored to keep its old-world soul while adding the comforts you want today. Original doors and hardware, gleaming hardwood floors and beautiful built-ins greet you the moment you step into the entry hall. Gather around one of two wood-burning fireplaces, one in the formal living room and one in the den, or host dinner behind antique French doors in the formal dining room. Morning coffee belongs in the sun-drenched sunroom, now finished in brand-new Italian travertine. The kitchen keeps its charming 1950s vintage character with new Marmoleum checkerboard floors, fresh countertops, and all-new appliances, including a gas stove, dishwasher, and washer/dryer. The main floor bath was fully renovated in 2025 with a soaking tub, a marble-topped antique vanity, and Currey & Company sconces. Main floor living is easy here. The primary bedroom with two closets, a second bedroom and two full baths, including that beautiful new one, are all on the first level. Upstairs are two more bedrooms with closets, a renovated third full bath, a large walk-in closet on the landing, and a full walk-in attic. The basement adds even more storage. The big-ticket items are done: updated plumbing and wiring, a newer furnace and hot water tank, a 9-year-old roof, updated windows with custom plantation shutters, fresh paint throughout, and new carpet in the stairwell and upper guest bedroom. The two-car garage has an electric opener. Outside, mature trees, lush perennials, and a newly fenced backyard (complete with a dog door) create a private, peaceful retreat. Homes with this much character and this many updates don't come along often. Schedule your showing today!

422 York Street, Olean

$115,000

2 Beds ⋅ 2 Baths ⋅ R1716644 MLS

Welcome to this inviting recently updated gem offering comfortable living and plenty of potential! Featuring 2 bedrooms, 1 full bath, and a half bath/laundry room off the kitchen. This home provides a great combination of charm, function, and flexibility. Many of the updates include a new furnace, hot water tank, radiant heating, new electrical panel, all new plumbing, siding and a new porch! Enjoy the partially fenced in backyard which offers plenty of room for gardening, outdoor activities, or even future expansion. The new 2 car garage, that needs a few finishing touches, completes this home. Inside, there's opportunity to make the space your own and create the home you've been looking for, just add your TLC. Conveniently located close to shopping, restaurants, hospital, and major expressways, making everyday commuting easy. A great opportunity to own a home with a generous lot, and room to grow!

608 Irving, Olean

$434,900

3 Beds ⋅ 3 Baths ⋅ S1724152 MLS

Escape to your own private country retreat where breathtaking valley views, peaceful surroundings, and over 27 acres of land create a truly one-of-a-kind setting. Newly built 3,600 sq. ft. ranch-style home has 3 bedrooms, and 3 full bathrooms offering the perfect combination of modern comfort, spacious living, and country seclusion, all just minutes from downtown Olean. Features over 27 acres of mostly wooded land with groomed trails providing easy access throughout, established hunting blinds, and an abundance of wildlife. Whether you enjoy hunting, hiking, exploring, or simply taking in the outdoors, this property has plenty to offer. The home features a newly attached three-bay garage with concrete floors providing ample room for vehicles, equipment, and storage. Entering the home from the garage, you are welcomed into a spacious mudroom and laundry area complete with a utility sink. The main living space features an open-concept kitchen, dining, and living room offering plenty of room for everyday living and entertaining. Down the hallway are two generously sized bedrooms, a full bathroom, and a spacious primary bedroom with its own private bathroom. The full basement offers 1,800 sq. ft. of living space, including a finished bar area perfect for hosting family gatherings and entertaining friends. An additional game room area offers the opportunity to finish the space to your liking, whether as a recreation room, home gym, workshop, or additional storage. Radiant floor heating runs throughout the basement and approximately half of the main level, while each bedroom features its own baseboard heating system. Additional features include a private water well, public sewer, natural gas service connected from the road, and a solar panel system to help offset electricity costs. Two large outbuildings provide even more possibilities for workshops, equipment storage, or recreational use. One of the most remarkable features of this property is the incredible panoramic view overlooking the valley directly from the front of the home. This is the kind of view that simply cannot be recreated offering a beautiful backdrop throughout the changing seasons.

1247 Old Rock City Road, Olean

$75,000

3 Beds ⋅ 2 Baths ⋅ R1723922 MLS

Bring your vision to 124 N 9th Street! Set on one of Olean’s nice, wide streets, this 1940 two-story home offers 1,964 sq ft of living space with 3 bedrooms and 2 full bathrooms on a 5,120 sq ft lot. Just off West State Street, you’re within easy walking distance of shopping, dining, and everyday conveniences. The main floor has a large living room with big windows that catch the afternoon sun, plus a formal sitting room with a fireplace. A first-floor bedroom with a bonus area would be perfect for a home office setup or playroom. Upstairs, a large bedroom, a bonus living room, extra bedroom space, and a separate entrance make a natural fit for an in-law suite or extended family. Public records list the property with a duplex land use, so a second unit may also be a possibility for the right buyer. Some of the big-ticket items already have a head start: the roof was replaced approximately 10 years ago, and the furnace and hot water tank are operational. Outside, there’s a covered entryway porch and a detached 2-car garage, and a full unfinished basement adds plenty of storage. Low property taxes help keep ownership affordable. With a little love, this home has real potential to shine again. The property will be delivered vacant, with all belongings in the rooms and basement removed prior to closing. Sold as-is.

124 N 9th Street, Olean

$69,900

2 Beds ⋅ 1 Baths ⋅ R1722322 MLS

Welcome to this charming 2-bedroom, 1-bath home located in Olean, NY! The first floor offers a comfortable living room, a dining room, and a kitchen, providing a practical layout for everyday living. Hardwood floors add warmth and character throughout the home. Upstairs, you'll find two bedrooms and a full bathroom. The basement offers additional storage space and a convenient laundry area. Outside, the home features low-maintenance vinyl siding and a small covered front deck, perfect for enjoying your morning coffee or relaxing outdoors. Whether you're looking for a starter home, downsizing, or searching for an investment property, this home offers plenty of potential at an affordable size.

206 Tompkins Street, Olean

$69,000

2 Beds ⋅ 1 Baths ⋅ R1722258 MLS

112 S 13th Street, Olean

$127,500

3 Beds ⋅ 1 Baths ⋅ B1720908 MLS

Welcome to 413 4th Ave! This turnkey home has been meticulously and extensively renovated, offering 3 bedrooms, 1 bathroom, and inviting dining and living spaces. Recent improvements include: New roof New gutters New PEX plumbing, energy-efficient windows, electrical system, sump-pump. With so many updates already completed, this home offers comfort, functionality , and peace of mind for years to come. Just move in, settle in, and enjoy!

413 4th Ave Avenue, Olean

$299,900

3 Beds ⋅ 3 Baths ⋅ R1720765 MLS

Room to roam, room to grow, and room to make it your own. This one-of-a-kind property sits on nearly 57 acres, offering the space and privacy that's harder to find every year. At its heart is a main house built in 2017, with three levels of living space ready for a buyer with vision. The bones are newer and solid. It needs a few finishing touches, and you can complete it in your own style. Radiant floor heat, powered by a Dunkirk boiler, keeps every step warm through the coldest months. The third floor is full of potential: finish it as a private primary suite, a spacious family room or whatever suits your life. Step out onto the second-story deck off the front of the house to take in the views, whether it's a morning coffee or a sunset over your own land. Right next door, a spacious manufactured home gives you options. Rent it out for extra income, set it up as a guest house for visiting family, or use it as additional living space. Use it however you like. For animal lovers, hobby farmers, or anyone who needs serious storage, the large horse barn is ready. Bring your horses, raise animals, or store equipment, vehicles, and all the toys that come with country living. Nearly 57 acres, a newer main home, a second dwelling, and a big barn give you a rare chance to build the country lifestyle you've been dreaming of. Schedule your private showing today. Please note: the carports are not included in the sale.

1450 Indiana Avenue, Olean

Olean Real Estate

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