Mary M Chiera

201 N 18th Street , Olean, NY 14760

New - 7 Hours Ago
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Property Description

Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes five properties, consisting of a mix of multi-family units, totaling 11 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), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), and 217 King St (2-unit). 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 $419,000 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

201 N 18th Street | MLS# R1691388

This home located at 201 N 18th Street , Olean, NY 14760 is currently listed for sale with an asking price of $145,000. This property was built in 1985 and has 3 bedrooms and 3 full baths with 1342 sq. ft. N 18th Street is located within the Olean school district. Search Olean real estate on maree-chiera.coldwellbankerprime.com today.

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Property Features

Property Type: Residential -
Basement: Full
Garage: 1
Heating: Electric, Baseboard
Lot Size: 0.10 Acres
Stories: 1.0
Taxes: $4,305
Year Built: 1985

Feature Descriptions

Appliances: ElectricWaterHeater
Exterior: VinylSiding
Flooring: Hardwood, Varies
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 40X105
Parcel#: 041200-094-055-0002-020-000-0000
Parking: TwoOrMoreSpaces
Parking Notes: TwoOrMoreSpaces
Sewer: Connected
Units: 3
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Olean

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Estimated Payment

$ 723.75 per month $322.71 Principal & Interest $358.75 Property Tax $42.29 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Professionals - Olean
Agency Contact: 716-307-9256

Shown By

Agent Name: Mary M Chiera
Agent Phone: (518) 423-7569 Primary
Agency Title: Coldwell Banker Prime Properties

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