224 S 16th Street Olean, NY $ 69,900
224 S 16th Street
$ 69,900
Recently Listed
Share Save

224 S 16th Street

Olean, NY, 14760
$ 69,900
Bedrooms2 Baths2.0 Sq 1,120

Monthly Estimate*

$ 436

224 S 16th Street, Olean, NY 14760 - Image 1
224 S 16th Street, Olean, NY 14760 - Image 2
224 S 16th Street, Olean, NY 14760 - Image 3
224 S 16th Street, Olean, NY 14760 - Image 4
224 S 16th Street, Olean, NY 14760 - Image 5
224 S 16th Street, Olean, NY 14760 - Image 6
224 S 16th Street, Olean, NY 14760 - Image 7
224 S 16th Street, Olean, NY 14760 - Image 8
224 S 16th Street, Olean, NY 14760 - Image 9
224 S 16th Street, Olean, NY 14760 - Image 10
224 S 16th Street, Olean, NY 14760 - Image 11
224 S 16th Street, Olean, NY 14760 - Image 12
224 S 16th Street, Olean, NY 14760 - Image 13
224 S 16th Street, Olean, NY 14760 - Image 14
224 S 16th Street, Olean, NY 14760 - Image 15
224 S 16th Street, Olean, NY 14760 - Image 16
224 S 16th Street, Olean, NY 14760 - Image 17
224 S 16th Street, Olean, NY 14760 - Image 18
224 S 16th Street, Olean, NY 14760 - Image 19
224 S 16th Street, Olean, NY 14760 - Image 20

Single Family Home for sale in Olean, NY

for $69,900 with 2 bedrooms and 2 full baths. This 1,120 square foot home was built in 1940 on a lot size of 0.1165.

Discover the potential in this charming 2-bedroom, 2-full-bath home featuring beautiful hardwood floors and granite countertops that bring warmth and modern appeal to the open floor plan. The layout offers a bright living area that flows smoothly into the kitchen and dining spaces, creating an easy, comfortable feel throughout. One of the property's standout features is the amazing two-car garage, perfect for parking, storage, or hobby space—an amenity that adds tremendous value. Please note: the home does require significant foundational repair, making this an excellent opportunity for an investor, contractor, or buyer looking to add equity with renovations. Due to the scope of the work, only strong 20% conventional financing or cash offers can be considered. With appealing finishes, flexible living space, and a great garage, this home has incredible upside for the right buyer. Bring your vision and make it your next project!

See more

Single Family Active

Price

$ 69,900

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 3,368

Style

HistoricAntique,TwoStory

Lot Size

0.1165

Year Built

1940

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1651751

Features
Interior
Interior Amenities BreakfastBar CeilingFans SeparateFormalLivingRoom GraniteCounters KitchenIsland
Basement Partial
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Laundry Features MainLevel
Total Bedrooms 2
Main Level Bedrooms 0
Main Level Bathrooms 1
Total Baths 2
See more
General
Sewer Connected
Heating Gas ForcedAir
Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances ElectricOven ElectricRange GasWaterHeater
Garage Spaces 2.0
Architectural Style HistoricAntique TwoStory
Construction Materials VinylSiding CopperPlumbing
School District Olean
Year Built 1940
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype SingleFamilyResidence
County Cattaraugus
Property Type Residential
Attached Garage Yes
Garage Y/N Yes
Total Rooms 5
Full Baths 2
Status Active
Directions From Route 417 (W State St) turn onto
High School Olean Senior High
City Olean
Senior Community Y/N No
High School District Olean
Number Of Units Total 0
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 5075.0
Elementary School Washington West Elementary
Year Built Details Existing
Tax Annual Amount 3368.0
Middle/Junior High School Olean Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 60000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 48
See more
Exterior
Exterior Amenities ConcreteDriveway
Parking Features Attached Garage GarageDoorOpener
Lot Features CornerLot Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1165
Foundation Details Stone
Building Area Total 1120.0
Lot Dimensions 35X145
Lot Size Acres 0.1165
Waterfront Y/N No
Road Frontage Type CityStreet
See more
Internal Only
Street Number 1 224
See more
* Excluded Features
List By
Howard Hanna Professionals - Olean

Broker

(716) 378-7039

Phone

Affordability Calculator

$717
Per Month
61%
39%
0%
Monthly Principal & Interest
$436
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3323605 Elementary School
3323364 Middle School
Olean Senior High High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$69,900 -22.25% Price Down
11/20/2025$89,900 Listed Price

Map


See all

224 S 16th Street, Olean, NY, 14760 is a Single Family Home for sale at $69,900 with 1,120 sqft and a lot size of 0.1165. 224 S 16th Street has 2 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 14760 which is in Olean, NY