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$74,500

507 E Connell St Olean-City, NY 14760

5 beds
1 full
2,000 sqft
0.2 acres
$37 / sqft
House

Property details

About 507 E Connell St

Step back in time with this spacious 5-bedroom, 1-bathroom home, brimming with character and waiting for your personal touch! Inside, you'll find generously sized rooms, a large kitchen with plenty or space for an eat-in. The full bathroom is centrally located off the kitchen with a newer walk-in shower. Living room, office and bedroom or space for whatever you need. Laundry is conveniently located on the first floor. Nice carport. Metal roof, vinyl siding, newer windows, and new hot water tank takes away from having to do those major updates. Sitting on a nice-sized lot, the backyard offers room for a garden, entertaining, or expansion. While this home needs some TLC, it's an incredible opportunity for investors, DIY enthusiasts, or anyone looking to restore a piece of history.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Active Under Contract)
Size2,000 sqft
BasementYes
Lot size0.1848 Acres
Year built1890
ParkingCarport
MLS #R1590550
Garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Varies
  • Interior: Den, Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Parking: Carport
  • Exterior: Blacktop Driveway
  • Architectural Style: Historic/Antique, Two Story
  • Heating: Natural Gas, Forced Air
  • List Price: $74,500
  • Price/SqFt: $37
  • Lot: Rectangular Lot
  • Directions: Take N Union extension and go over the railroad tracks. Take right onto E Connell.
  • Year Built: 1890
  • Stories: 2
  • Living Area: 2,000 SqFt
  • Lot Size: 0.1848 Acres
  • MLS Number: R1590550
  • MLS Name: NYS
  • Office Name: Howard Hanna Professionals - Olean
  • Office Phone: (716) 353-3222
  • Listing Agent: Kelly Patrone

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/12/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

East View Elementary School

Public District PK-3

1.5 mi

690 E Spring St

4

Washington West Elementary School

Public District PK-3

1.5 mi

1626 Washington St

7

Allegany-Limestone Elementary School

Public District PK-5

3.0 mi

120 Maple Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,976. Residents of Olean-City, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

40%
<35k
48%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 507 E Connell St

The listing price of 507 E Connell St property is $74,500.

The property 507 E Connell St is a house located in Olean-City, New York, 14760.

Accepting Backup Offers: 507 E Connell St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 507 E Connell St are: East View Elementary School (GreatSchools Rating 3/10), Washington West Elementary School (GreatSchools Rating 4/10), Allegany-Limestone Elementary School (GreatSchools Rating 7/10), Olean Intermediate-Middle School (GreatSchools Rating 4/10), Cuba-Rushford Middle School (GreatSchools Rating 3/10), Floyd C. Fretz Middle School (GreatSchools Rating 5/10), 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 at 507 E Connell St has 5 bedrooms and 1 bathroom.

The property 507 E Connell St is 2,000 SqFt (source: MLS/tax record).

The year of construction for 507 E Connell St is 1890.

This home is located at 507 E Connell St in Olean-City, NY and zip code 14760. This 2,000 square foot home, which was built in 1890, sits on a 0.18 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $74,500.

In June 2025, from all listings sold in Olean-City, NY there were more than 4 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price. Between May and June 2025, Olean-City, NY real estate market has seen increase in the number of listings by 10.5%. In June 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $115,000.

From Rocket Homes Real Estate and based on county public records data.

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