707 W Sullivan Street, Olean, NY 14760

Olean
Local realty services provided by:ERA Team VP Real Estate
707 W Sullivan Street,Olean, NY 14760
$175,000
  • 6 Beds
  • 4 Baths
  • 3,744 sq. ft.
  • Multi-family
  • Active
Listed by: claudia attard-keary
Office: exp-premier listings team
MLS#:R1728601
Source:NY_GENRIS

Price summary

  • Price:$175,000
  • Price per sq. ft.:$46.74

About this home

INVESTORS, TAKE NOTICE! Here's your opportunity to own a 4-unit income-producing property with immediate rental income and excellent potential for increased cash flow! Three of the four apartments are currently occupied by responsible tenants, including one 2-bedroom and two 1-bedroom units. Since purchasing the property in 2018, the owner has made interior updates to each of these apartments, making this an attractive addition to your investment portfolio! The fourth unit, a spacious 2-bedroom apartment, has been completely gutted to the studs and is ready for its transformation! Even better, the majority of the materials needed to complete the renovation are already included, such as flooring, cabinets, bathroom and kitchen fixtures and appliances, lighting, and more! The seller had plans to finish the project but has since relocated, leaving the next owner an excellent opportunity to build equity and add another income stream without starting from scratch. With room for rental...

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Home facts

  • Year built:1890
  • Listing ID #:R1728601
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 04:54 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Hardwood, Varies
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,744 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1890
  • Building area:3,744 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Fourplex
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Utilities

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

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$46.74
  • Tax amount:$2,835

Parking

  • Parking description:Unpaved

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