635 S Union Street Olean, NY $ 144,900
635 S Union Street
$ 144,900
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635 S Union Street

Olean, NY, 14760
$ 144,900
Bedrooms7 Baths0.0 Sq 4,000

Monthly Estimate*

$ 904

635 S Union Street, Olean, NY 14760 - Image 1
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Single Family Home for sale in Olean, NY

for $144,900 with 7 bedrooms. This 4,000 square foot home was built in 1910 on a lot size of 0.3115.

Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.

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Single Family Pending

Price

$ 144,900

Bedrooms

7

Property Type

Single Family

Taxes

$ 4,769

Style

Lot Size

0.3115

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1637766

Features
General
Sewer Connected
Heating Electric Gas Baseboard
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Flat Membrane Rubber Shingle
Appliances AppliancesNegotiable ElectricWaterHeater GasWaterHeater
Garage Spaces 0.0
Construction Materials VinylSiding WoodSiding
School District Olean
Year Built 1910
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Other
County Cattaraugus
Property Type MultiFamily
Garage Y/N No
Rent Includes CommonAreaMaintenance Parking SnowRemoval
Status Pending
City Olean
Senior Community Y/N No
High School District Olean
Number Of Units Total 7
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 13568.0
Year Built Details Existing
Tax Annual Amount 4769.0
Property Condition Resale
Standard Status Pending
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 85000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 23
Property Sub Type Additional Other
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Exterior
Exterior Amenities ConcreteDriveway
Parking Features OneAndOneHalfSpaces Garage NoGarage
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.3115
Foundation Details Slab
Building Area Total 4000.0
Lot Dimensions 106X128
Lot Size Acres 0.3115
Waterfront Y/N No
Road Frontage Type CityStreet
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Interior
Flooring Carpet Laminate Varies
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 7
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 635
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* Excluded Features
List By
Howard Hanna Professionals - Olean

Broker

(716) 307-9256

Phone

Affordability Calculator

$1,301
Per Month
69%
31%
0%
Monthly Principal & Interest
$904
Monthly Property Taxes
$397
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
9/13/2025$144,900 Listed Price

Map


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635 S Union Street, Olean, NY, 14760 is a Single Family Home for sale at $144,900 with 4,000 sqft and a lot size of 0.3115. 635 S Union Street has 7 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 14760 which is in Olean, NY