2840-2850 Mcduffy Road, Olean, NY 14760

Local realty services provided by:HUNT Real Estate ERA
2840-2850 Mcduffy Road,Olean, NY 14760
$349,900
  • 1 Beds
  • - Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active
Listed by: ciji l vandyke
Office: re/max on point
MLS#:B1719487
Source:NY_GENRIS

Price summary

  • Price:$349,900
  • Price per sq. ft.:$72.9

About this home

Positioned on 3.73 acres, 2840–2850 McDuffy Road presents a compelling opportunity to acquire a fully rented, professionally managed residential investment featuring an apartment complex and a single-family home. Generating more than $7,500 in monthly rental revenue, this turnkey operation reflects the owners’ substantial efforts to improve the property and establish a reputable apartment community. Management by On Point Property Management provides established operational support, while numerous capital improvements strengthen the property’s appeal. Updates include various remodeled studio units, all-new appliances in the studio units, a newer hot water system, a Health Department-approved water treatment system, and landlord-controlled thermostats. The single-family home and garage feature new roofs, and the apartment building’s roof is less than 10 years old. Common coin-operated laundry adds convenience for residents and an additional potential revenue source for ownership. ...

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Home facts

  • Year built:1970
  • Listing ID #:B1719487
  • Added:2 day(s) ago
  • Updated:October 07, 2026 at 03:21 PM

Rooms and interior

  • Bedrooms:1
  • Flooring:Carpet, Laminate, Varies, Vinyl
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Living area:4,800 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Gas, Hot Water

Structure and exterior

  • Roof:Metal
  • Year built:1970
  • Building area:4,800 sq. ft.
  • Lot area:3.73 Acres
  • Lot Features:Rectangular
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$72.9
  • Tax amount:$11,177

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Common Area

Parking

  • Parking description:Driveway, Garage, No Garage, One Space