224 S 16th Street, Olean, NY 14760

Local realty services provided by:CENTURY 21 Galloway Realty
224 S 16th Street,Olean, NY 14760
$69,900
  • 2 Beds
  • 2 Baths
  • 1,120 sq. ft.
  • Single family
  • Active
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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Listing ID #:R1651751
  • Added:62 day(s) ago
  • Updated:January 22, 2026 at 04:17 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • 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

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