224 S 16th Street, Olean, NY 14760

Local realty services provided by:HUNT Real Estate ERA
224 S 16th Street,Olean, NY 14760
$69,900
  • 2 Beds
  • 2 Baths
  • 1,120 sq. ft.
  • Single family
  • Pending
Listed by: paul pezzimenti
Office: howard hanna professionals - olean
MLS#:R1651751
Source:NY_GENRIS

Price summary

  • Price:$69,900
  • Price per sq. ft.:$62.41

About this home

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!

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Home facts

  • Year built:1940
  • Listing ID #:R1651751
  • Added:114 day(s) ago
  • Updated:March 15, 2026 at 07:37 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:5
  • Flooring:Hardwood, Varies
  • Kitchen Description:Kitchen Island
  • Basement:Yes
  • Basement Description:Partial
  • Living area:1,120 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1940
  • Building area:1,120 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Corner Lot, Rectangular, Residential Lot
  • Architectural Style:Historic Antique, Two Story
  • Construction Materials:Copper Plumbing, Vinyl Siding
  • Foundation Description:Stone
  • Levels:2 Stories

Schools

  • High school:Olean Senior High
  • Middle school:Olean Middle
  • Elementary school:Washington West Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$69,900
  • Price per sq. ft.:$62.41
  • Tax amount:$3,368

Features and amenities

  • Laundry features:Main Level

Parking

  • Parking description:Attached, Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:2