216 N 15th Street Olean, NY $ 99,000
216 N 15th Street
$ 99,000
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216 N 15th Street

Olean, NY, 14760
$ 99,000
Bedrooms7 Baths3.0 Sq 2,370

Monthly Estimate*

$ 618

216 N 15th Street, Olean, NY 14760 - Image 1
216 N 15th Street, Olean, NY 14760 - Image 2
216 N 15th Street, Olean, NY 14760 - Image 3
216 N 15th Street, Olean, NY 14760 - Image 4
216 N 15th Street, Olean, NY 14760 - Image 5
216 N 15th Street, Olean, NY 14760 - Image 6
216 N 15th Street, Olean, NY 14760 - Image 7
216 N 15th Street, Olean, NY 14760 - Image 8
216 N 15th Street, Olean, NY 14760 - Image 9
216 N 15th Street, Olean, NY 14760 - Image 10
216 N 15th Street, Olean, NY 14760 - Image 11

Multi-Family Home for sale in Olean, NY

for $99,000 with 7 bedrooms and 3 full baths. This 2,370 square foot home was built in 1912 on a lot size of 0.1998.

Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment centers, and transportation, this property continues to attract consistent tenant demand. Whether you're looking to expand your holdings or step into real estate investing, this turnkey asset delivers immediate income and long-term potential.

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Multi-Family Active

Price

$ 99,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,814

Style

Triplex

Lot Size

0.1998

Year Built

1912

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1653704

Features
Interior
Interior Amenities PullDownAtticStairs
Basement Full SumpPump
Flooring Carpet Hardwood Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 7
Main Level Bathrooms 0
Total Baths 3
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General
Sewer Connected
Heating Gas Baseboard HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 0.0
Architectural Style Triplex
Construction Materials VinylSiding
School District Olean
Year Built 1912
Electric CircuitBreakers Fuses
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
Gross Income 23400.0
County Cattaraugus
Property Type Residential
Rent Includes Water
Full Baths 3
Status Active
City Olean
Senior Community Y/N No
High School District Olean
Number Of Units Total 3
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 8704.0
Year Built Details Existing
Tax Annual Amount 2814.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 52000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 23
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Exterior
Parking Features Common TwoOrMoreSpaces
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1998
Foundation Details Block
Building Area Total 2370.0
Lot Dimensions 68X128
Lot Size Acres 0.1998
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
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Internal Only
Street Number 1 216
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* Excluded Features
List By
Howard Hanna Professionals - Olean

Broker

(716) 353-3222

Phone

Affordability Calculator

$852
Per Month
72%
28%
0%
Monthly Principal & Interest
$618
Monthly Property Taxes
$235
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.
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Nearby
3219381 Elementary School
3218948 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$99,000 Listed Price

Map


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216 N 15th Street, Olean, NY, 14760 is a Multi-Family Home for sale at $99,000 with 2,370 sqft and a lot size of 0.1998. 216 N 15th Street has 7 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 14760 which is in Olean, NY