305 Tompkins Street Olean, NY $ 35,000
305 Tompkins Street
$ 35,000
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305 Tompkins Street

Olean, NY, 14760
$ 35,000
Bedrooms5 Baths2.0 Sq 2,256

Monthly Estimate*

$ 216

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Multi-Family Home for sale in Olean, NY

for $35,000 with 5 bedrooms and 2 full baths. This 2,256 square foot home was built in 1910 on a lot size of 0.0772.

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. Positioned just off the parking area of Jamestown Community College, this location adds to the property’s overall accessibility and visibility. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.

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Multi-Family Active

Price

$ 35,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,617

Style

MultiFamily

Lot Size

0.0772

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1673237

Features
General
Sewer Connected
Heating Gas HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Construction Materials Other SeeRemarks
School District Olean
Year Built 1910
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Cattaraugus
Property Type Residential
Rent Includes Water
Full Baths 2
Status Active
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 3364.0
Year Built Details Existing
Tax Annual Amount 1617.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 28800
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 51
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Interior
Basement Partial
Flooring Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features OneSpace
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0772
Building Area Total 2256.0
Lot Dimensions 29X116
Lot Size Acres 0.0772
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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Internal Only
Street Number 1 305
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* Excluded Features
List By
Exp-Premier Listings Team

Broker

(716) 907-7205

Phone

Affordability Calculator

$350
Per Month
62%
38%
0%
Monthly Principal & Interest
$216
Monthly Property Taxes
$135
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
3219381 Elementary School
3218948 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$35,000 Listed Price

Map


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305 Tompkins Street, Olean, NY, 14760 is a Multi-Family Home for sale at $35,000 with 2,256 sqft and a lot size of 0.0772. 305 Tompkins Street has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 14760 which is in Olean, NY