$1,805 Closing Credit¹
#B1562789, James Dwaileebe, Listing Office: 3D Real Estate LLC
$599,000 List price
753-755 Garden Ave Olean-City, NY 14760
$7,113
Closing credit¹
6 beds
2 full
3,328 sqft
0.1 acres
$180 / sqft
Multi-Family
Property details
About 753-755 Garden Ave
Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 13 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 305 S 8th St (single-family), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), 217 King St (2-unit), and 116 S 9th St (single-family). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $599,000, this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don’t miss out on this turnkey portfolio
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
Size3,328 sqft
BasementYes
Lot size0.1148 Acres
Year built1880
ParkingNo Driveway
MLS #R1592378
Summary
- MLS Number: R1592378
- MLS Name: NYS
- Office Name: Howard Hanna Professionals
- Office Phone: (716) 307-9256
- Listing Agent: Regis Handley
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
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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, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
753-755 Garden Ave
$7,113
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
0.5 mi
•690 E Spring St
4
Washington West Elementary School
Public District PK-3
2.0 mi
•1626 Washington St
7
Allegany-Limestone Elementary School
Public District PK-5
4.3 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 $73,242. Residents of Olean-City, NY typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
55%
35k-100k
29%
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?
43%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
NASCAR
College Football
Motocross
Where do the neighbors shop?
Dollar General
Express/Express For Men
Best Buy
Where do the neighbors go to eat?
Cracker Barrel
Sonic
Texas Roadhouse
What do the neighbors drive?
Ram
Kia
Jeep
What do the neighbors listen to?
Classic Country
New Country
Contemporary Christian
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 753-755 Garden Ave in Olean-City, NY and zip code 14760. This 3,328 square foot home, which was built in 1880, sits on a 0.11 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $599,000.
While more than 2 listings in Olean-City, NY in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. 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.