1206 Spruce Street Olean, NY $ 24,900
1206 Spruce Street
$ 24,900
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1206 Spruce Street

Olean, NY, 14760
$ 24,900
Bedrooms4 Baths2.0 Sq 1,950

Monthly Estimate*

$ 153

1206 Spruce Street, Olean, NY 14760 - Image 1
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Multi-Family Home for sale in Olean, NY

for $24,900 with 4 bedrooms and 2 full baths. This 1,950 square foot home was built in 1920 on a lot size of 0.09.

Opportunity awaits at 1206 Spruce St, a versatile duplex located in the peaceful north end of Olean. Whether you're an investor seeking a value-add rental property or a buyer looking to "house hack" by living in one unit and renting the other, this property is a fantastic find. Offering a blank canvas, this duplex is ready for your personal touch—perfect for those who want to customize and build equity. With the bones already in place, it's an ideal project for investors or handy buyers looking to capitalize on the rental market or affordable homeownership. Located on a quiet street yet close to all the amenities Olean has to offer, this is a smart opportunity in a growing market. Don’t miss your chance to make 1206 Spruce St your next investment or home base! "Seller will consider offers between $24,900 and $34,900"

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Multi-Family Active

Price

$ 24,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,124

Style

MultiFamily

Lot Size

0.09

Year Built

1920

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

B1649082

Features
General
Sewer Connected
Heating Gas WallFurnace
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Construction Materials VinylSiding
School District Olean
Year Built 1920
Tenant Pays AllUtilities
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Cattaraugus
Property Type Residential
Full Baths 2
Status Active
Directions N 4th to Spruce
City Olean
Senior Community Y/N No
High School District Olean
Number Of Units Total 2
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 3920.0
Year Built Details Existing
Tax Annual Amount 4124.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 23655
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 28
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Interior
Basement Partial
Flooring Other SeeRemarks
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features OneSpace
Lot Features Other Rectangular RectangularLot SeeRemarks
Water Source Connected Public
Lot Size Area 0.09
Building Area Total 1950.0
Lot Dimensions 33X132
Lot Size Acres 0.09
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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Internal Only
Street Number 1 1206
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* Excluded Features
List By
Wny Metro Roberts Realty

Broker

(716) 307-4461

Phone

Affordability Calculator

$497
Per Month
31%
69%
0%
Monthly Principal & Interest
$153
Monthly Property Taxes
$344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038230 Elementary School
3038160 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$24,900 -28.65% Price Down
11/10/2025$34,900 Listed Price

Map


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1206 Spruce Street, Olean, NY, 14760 is a Multi-Family Home for sale at $24,900 with 1,950 sqft and a lot size of 0.09. 1206 Spruce Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 14760 which is in Olean, NY