


109 W Green Street Olean, NY 14760
Description
B1651046
$4,609
4,480 SQFT
Multifamily
1895
Olean
Cattaraugus County
Listed By
NYS ALLIANCE
Last checked Jan 16 2026 at 1:47 AM GMT+0000
- Gas Water Heater
- Refrigerator
- Gas Cooktop
- Electric Cooktop
- Electric Water Heater
- Rectangular
- Near Public Transit
- Rectangular Lot
- Fireplace: 0
- Gas
- Electric
- Baseboard
- Partially Finished
- Varies
- Vinyl
- Laminate
- Roof: Asphalt
- Utilities: Sewer Available, Water Available, Water Source: Public, Water Source: Not Connected
- No Garage
- 2
- 4,224 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Step into a rare investment gem in the heart of Olean, NY! This beautifully maintained two-story multi-family property, built in 1895, offers approximately 4,224 sf of living space across six fully rented units and an efficiency studio apartment rented for $750. 7 units average fetching $5250 per month with monthly expense of approx $950 when fully rented. Most of tenants are Section8. Sitting on a generous 4,480 sq ft lot , this property combines historic charm with modern updates, creating an unbeatable opportunity for savvy investors or hands-on owners seeking steady income and long-term growth.
Investment Highlights
Excellent income potential with multi-unit configuration
Property improvements reduce short-term maintenance concerns
Spacious lot and desirable location add long-term value
Ideal for investors seeking consistent cash flow
Summary
109 West Green St is a smart investment in Olean, NY, blending historic charm with income-producing potential. With thoughtful upgrades, a prime location, and multiple rental units, this property is poised to deliver both short-term income and long-term growth.
Please Note: For the safety and privacy of the tenants, do not disturb or enter the property without being accompanied by a licensed realtor.