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1902 E River Road, Olean, NY 14760

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For Sale

$194,900

4 beds • 2 baths • 2,976 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $65.49
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This house, barn, and garage sit on 4.85 acres includes Free Gas and has amazing hillside views in Olean NY, Cattaraugus County. The home s first story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances.  The second story has 3 bedrooms, 1 full bathroom, and a living room area.  The attic is unfinished but big enough to create additional living space.  The walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage.  The house has a well but also has connectivity to the Olean City water.  The house was built with the city water, and the barn was built with the well.  The outbuildings include a 40 x 30 stable barn which has a workshop and 4 stalls for horses or other animals, and a 40 x 25 workshop-storage area.  All the outbuildings have electric. The special circumstance of this property is that it comes with free gas off leased gas wells not from the property.  The new owner will sign off on receiving the free gas at closing.  The property is located in a flood zone as it sits across the street from the Allegheny River.  This would require flood insurance if it is going to be financed.  The property has 300 feet of road frontage.  The driveway is shared by the Olean City Water Department which is the neighbor to the west.  The property has so much potential to either be a homestead, a small farm, or a recreational paradise.  Located just minutes outside of Olean for all the necessities.  Don t let this opportunity get away!  Surface rights convey. Located approximately 3 minutes to downtown Olean NY, 27 minutes to Salamanca NY, 35 minutes to Ellicottville NY and Rushford NY, 1 hour 28 minutes to Buffalo NY, and 1 hour 50 minutes to Rochester NY.
MLS# S1614676

Courtesy Of NY Land Quest, LLC

(607) 844-9690

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate
  • Heating System
    Forced Air
  • Lot Size
    4.85 Acres

Map and Directions

Directions to 1902 E River Road, Olean, NY 14760

Home seller CENTURY 21 Turner Brokers

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CENTURY 21 Turner Brokers

(716) 763-7506
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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