469 N Branch Road, Eldred, PA 16731
Local realty services provided by:CENTURY 21 North East
Listed by: paul pezzimenti, nicole roche
Office: howard hanna professionals - olean
MLS#:R1655499
Source:NY_GENRIS
Price summary
- Price:$334,900
- Price per sq. ft.:$252.56
About this home
Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1
bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and
equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax
ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not
just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000–
$40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant
looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33
minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from
Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far
out as it feels.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:R1655499
- Added:8 day(s) ago
- Updated:December 31, 2025 at 03:45 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,326 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Metal
- Year built:1930
- Building area:1,326 sq. ft.
- Lot area:62.5 Acres
Schools
- High school:Otto Eldred Jr/Sr. High
- Middle school:Otto Eldred Jr/Sr. High
- Elementary school:Otto Eldred Elementary
Utilities
- Water:Well
Finances and disclosures
- Price:$334,900
- Price per sq. ft.:$252.56
- Tax amount:$1,797
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