#R1592434, Regis Handley, Listing Office: Howard Hanna Professionals
214 E State St Olean-City, NY 14760
Property details
About 214 E State St
This well-maintained duplex offers a fantastic income property opportunity with significant potential for returns. Featuring an upper 2-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, the property has been updated with new carpets, windows, and electric systems. They are also Furnished with Appliances, and both are ready for you to rent out immediately, at a suggested rate in the ballpark of $950/month plus utilities. The Bottom unit comes with convenient laundry hookups and access to a full basement. Ideally located in a walkable downtown area, you'll be close to grocery stores, restaurants, churches, and parks, offering both convenience and appeal to tenants. This duplex is one of five "row houses," and the buyer will have the first opportunity to purchase the other three properties when the seller is ready to sell (104, 106 & 108 N Clinton St). Additionally, the adjacent home at 212 E. State St, a 3-bedroom rental, is also available for an additional $49,900. Don't miss this excellent investment opportunity!
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Tile, Varies
- Total Bedroom Count: 4
- Parking: Common
- Heating: Electric, Baseboard
- List Price: $179,000
- Price/SqFt: $104
- Lot: Near Public Transit, Rectangular Lot
- Year Built: 1900
- Stories: 2
- Living Area: 1,716 SqFt
- Lot Size: 0.01 Acres
- MLS Number: R1587180
- MLS Name: NYS
- Office Name: Premier Listings Real Estate
- Office Phone: (716) 307-8894
- Listing Agent: Claudia Attard-Keary
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Last updated on: 5/9/2025, 10:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$179,000
214 E State St
$2,126
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
East View Elementary School
Public District PK-3
0.7 mi
•690 E Spring St
4
Washington West Elementary School
Public District PK-3
1.2 mi
•1626 Washington St
7
Allegany-Limestone Elementary School
Public District PK-5
3.5 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 $44,337. Most Olean-City, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 214 E State St in Olean-City, NY and zip code 14760. This 1,716 square foot home, which was built in 1900, sits on a 0.01 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $179,000.
While more than 3 listings in Olean-City, NY in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Olean-City, NY decreased by 5.2% between March and April 2025. In April 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $115,000.