8-Unit Investment Opportunity! Strong Cash Flow Potential!
Rare opportunity to purchase two multi-family properties totaling 8 units, to be sold together for $279,000 (approximately $35,000 per unit).
The properties offer immediate income potential with room for growth. Current rents are below market, providing an opportunity for increased returns with future adjustments.
Many units feature separate layouts, offering flexibility for tenants. The properties have seen numerous updates, including:
Metal roof (314) less than 1 year old
Roof (316) approximately 5 years old
There are currently two vacant, renovated units ready for occupancy, allowing for immediate lease-up or owner-occupant potential.
Ideal opportunity for investors looking to expand their portfolio or for buyers seeking to offset living expenses by occupying one unit.
Properties must be sold together (see MLS #R1667915 for additional property).
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
3/19/2026
|
|
YEAR BUILT
|
1900
|
COMMUNITY
|
Olean-City-041200
|
|
COUNTY
|
Cattaraugus
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| APPLIANCES |
Gas Water Heater, Water Heater |
| AREA |
Olean-City-041200 |
| BASEMENT |
Dirt Floor, Yes |
| CONSTRUCTION |
Vinyl Siding |
| HEAT |
Baseboard, Electric, Forced Air, Natural Gas |
| HOA DUES |
Other |
| LOT |
10402 sq ft |
| LOT DESCRIPTION |
Rectangular Lot |
| LOT DIMENSIONS |
100X104 |
| PARKING |
No Garage, Paved |
| STORIES |
2 |
| TAXES |
5052 |
| UTILITIES |
Sewer Connected, Water Connected |
| WATER |
Public |
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Listing provided by: Deon Gayton, EXP-Premier Listings Team, 716-790-2852
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
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