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635 S Union Street, Olean, NY 14760

Olean
Local realty services provided by:CENTURY 21 Galloway Realty
635 S Union Street,Olean, NY 14760
$135,000
  • 7 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: regis handley
Office: howard hanna professionals - olean
MLS#:R1637766
Source:NY_GENRIS

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Price summary

  • Price:$135,000

About this home

Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.

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Home facts

  • Year built:1910
  • Listing ID #:R1637766
  • Added:167 day(s) ago
  • Updated:February 28, 2026 at 07:08 AM

Rooms and interior

  • Bedrooms:7
  • Flooring:Carpet, Laminate, Varies

Heating and cooling

  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Roof:Asphalt, Flat, Membrane, Rubber, Shingle
  • Year built:1910
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Vinyl Siding, Wood Siding
  • Levels:2 Stories

Utilities

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

Finances and disclosures

  • Price:$135,000
  • Tax amount:$4,769

Features and amenities

  • Laundry features:Electric Water Heater

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