$949 Closing Credit¹
#R1561407, John J. Dwaileebe, Listing Office: Howard Hanna Professionals
$119,900 List price
514 3rd Ave Olean-City, NY 14760
$1,424
Closing credit¹
5 beds
2 full
2,274 sqft
0.2 acres
$53 / sqft
Multi-Family
Property details
About 514 3rd Ave
Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly painted and include newer vinyl windows, with the upstairs unit boasting a charming porch. The dry, spacious basement offers excellent storage or potential additional living space, while the newly roofed shed and blacktop driveway provide ample off-street parking. Situated in a cute, quiet neighborhood with new exterior flood lighting for added security and convenience, this duplex is an incredible opportunity. Its unbeatable location near the hospital makes it ideal for traveling medical professionals, short-term renters, or long-term tenants—don't miss out on this move-in-ready gem!
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air, Space Heater(s)
StatusActive
Size2,274 sqft
BasementYes
Lot size0.2 Acres
Year built1900
ParkingPaved, Parking Available, Two or More Spaces
MLS #B1592848
Summary
- MLS Number: B1592848
- MLS Name: NYS
- Office Name: HUNT Real Estate Corporation
- Office Phone: (716) 866-7604
- Listing Agent: Mason J Meggo
The 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: 3/14/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$119,900
514 3rd Ave
$1,424
closing credit¹
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0.5% sale price²
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
1.5 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 $53,261. Typical income of Olean-City, NY residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
49%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Extreme Sports
Where do the neighbors shop?
Kmart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Little Caesars
What do the neighbors drive?
Buick
Ram
Chevrolet
What do the neighbors listen to?
Oldies
Classic Country- Country
All data provided by Home Junction and Claritas
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This home is located at 514 3rd Ave in Olean-City, NY and zip code 14760. This 2,274 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $119,900.
Over 2 listings were sold over their listed price in February 2025 in Olean-City, NY. In the same period over 11 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Olean-City, NY decreased by 10.5% between January and February 2025. In February 2025 median list price was $112,000 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.