Discover potential in this charming investment property. This property features two spacious apartments, each offering two bedrooms and one bath, ideal for tenants seeking comfortable living spaces. While it requires some renovation work, the potential return on investment is promising. Bring your vision to life with the opportunity to personalize and enhance the property to maximize rental income potential.
For sale
$45,900
1206 Spruce St, Olean, NY 14760
4beds
1,950sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$24/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 678 |
- 49 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 06:49pm
Listing by:
RE/MAX On Point 716-373-7325,
Tina Perkins 716-373-7325
Source: NYSAMLSs,MLS#: B1607551
Originating MLS: Buffalo

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Wall Furnace
Appliances
- Included: Gas Water Heater
Features
- Flooring: Other, See Remarks
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: One Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 33 x 132
- Features: Other, Rectangular, Rectangular Lot, See Remarks
Details
- Parcel number: 04120009404000030280000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1920
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: $24/sqft
- Tax assessed value: $23,655
- Annual tax amount: $4,124
- Date on market: 5/20/2025
- Listing terms: Cash,Rehab Financing
- Tenant pays: All Utilities
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