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Pending
  • $45,000

    1019 Spruce St APT 1, Olean, NY 14760

    5beds
    2,608sqft
    Quadruplex, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $17/sqft
    $-- HOA

    What's special

    Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent. The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
    12 days
    on Zillow
    |
    222
    |
    20
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    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 08:09am

    Listing by:

    ERA Team VP Real Estate 716-372-2234,

    Linda M Simons 585-610-5805

    Source: NYSAMLSs,MLS#: B1620966MLS LogoOriginating MLS: Buffalo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas, Gravity, Space Heater, Wall Furnace
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Varies, Vinyl
    • Basement: Dirt Floor,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,608
    • Total interior livable area: 2,608 sqft

    Property

    Parking
    • Parking features: Gravel, Two or More Spaces, Unpaved
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 33 x 132
    • Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 04120009404800010100000000
    • Special conditions: Estate

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Fiber Cement, Frame, Vinyl Siding
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1950

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Olean

    Financial & listing details

    • Price per square foot: $17/sqft
    • Tax assessed value: $45,000
    • Annual tax amount: $2,438
    • Date on market: 7/8/2025
    • Listing terms: Cash,Rehab Financing
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