#B1607551, Tina Perkins, Listing office: RE/MAX On Point
1019 Spruce St Unit 1 Olean, NY 14760
Property details
About 1019 Spruce St Unit 1
Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent. The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
Highlights
(Pending)
Summary
- Full Bathrooms: 4
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Varies, Vinyl
- Total Bedroom Count: 5
- Parking: Gravel, Two or More Spaces, Unpaved
- Architectural Style: Fourplex
- Heating: Natural Gas, Gravity, Space Heater(s), Wall Furnace
- List Price: $45,000
- Price/SqFt: $17
- Lot: Corner Lot, Near Public Transit, Rectangular Lot
- Year Built: 1950
- Stories: 2
- Living Area: 2,608 SqFt
- Lot Size: 0.1 Acres
- MLS Number: B1620966
- MLS Name: NYS
- Office Name: ERA Team VP Real Estate
- Office Phone: (585) 610-5805
- Listing Agent: Linda M Simons
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Price information
Property sales
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Tax history
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Nearby schools
4
Washington West Elementary School
Public District PK-3
1.0 mi
•1626 Washington St
3
East View Elementary School
Public District PK-3
1.3 mi
•690 E Spring St
7
Allegany-Limestone Elementary School
Public District PK-5
2.8 mi
•120 Maple Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,976. Most Olean, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1019 Spruce St Unit 1
The listing price of 1019 Spruce St Unit 1 property is $45,000.
The property 1019 Spruce St Unit 1 is a multi located in Olean, New York, 14760.
Sale Pending: 1019 Spruce St Unit 1 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 1019 Spruce St Unit 1 are: Washington West Elementary School (GreatSchools Rating 4/10), East View Elementary School (GreatSchools Rating 3/10), Allegany-Limestone Elementary School (GreatSchools Rating 7/10), Olean Intermediate-Middle School (GreatSchools Rating 4/10), Floyd C. Fretz Middle School (GreatSchools Rating 5/10), Cuba-Rushford Middle School (GreatSchools Rating 3/10), Olean Senior High School (GreatSchools Rating 3/10), Allegany-Limestone Middle-High School (GreatSchools Rating 5/10), Hinsdale Central School (GreatSchools Rating 5/10).
The property 1019 Spruce St Unit 1 is 2,608 SqFt (source: MLS/tax record).
The year of construction for 1019 Spruce St Unit 1 is 1950.
This home is located at 1019 Spruce St Unit 1 in Olean, NY and zip code 14760. This 2,608 square foot home, which was built in 1950, sits on a 0.10 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $45,000.
In June 2025 more than 4 listings in Olean, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in Olean, NY increased by 10.5% between May and June 2025. While the average time on the market in June 2025 was 37 days, the median list price was $115,000.