635 S Union Street, Olean, NY 14760

Local realty services provided by:ERA Team VP Real Estate
635 S Union Street,Olean, NY 14760
$144,900
  • 7 Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Pending
Listed by: regis handley
Office: howard hanna professionals - olean
MLS#:R1637766
Source:NY_GENRIS

Price summary

  • Price:$144,900
  • Price per sq. ft.:$36.23

About this home

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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Home facts

  • Year built:1910
  • Listing ID #:R1637766
  • Added:139 day(s) ago
  • Updated:January 23, 2026 at 09:01 AM

Rooms and interior

  • Bedrooms:7
  • Living area:4,000 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Roof:Asphalt, Flat, Membrane, Rubber, Shingle
  • Year built:1910
  • Building area:4,000 sq. ft.
  • Lot area:0.31 Acres

Utilities

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

Finances and disclosures

  • Price:$144,900
  • Price per sq. ft.:$36.23
  • Tax amount:$4,769

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