Looking for a good income property? This is it! There are 2 apartments. The one downstairs has 2 bedrooms. Rent is $90. Upstairs has 3 bedrooms, rent is $900. The upstairs apartment has access to a 2 car garage. The downstairs has their own driveway so there is never squabbles about parking. All the utilites are separate. Tenant pays thier own electic and propane. Both apartments are spacious and updated. Great location across from Crosby's store/gas station for convenience late night snacks, milk in the morning, etc. However there is a huge back yard for tenants to have bonfires or play grounds. There is nothing more you could want in an income property. This is a really good place to live in 1 apartment and let the other apartment pay your taxes and rent!
Sold for $144,531 on 12/03/24
$144,531
1665 Fay Hollow Rd, Olean, NY 14760
5beds
2,424sqft
Multi Family
Built in 1935
-- sqft lot
$152,100 Zestimate®
$60/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 09, 2024 at 08:22am
Listed by:
Linda M Simons 585-610-5805,
ERA Team VP Real Estate
Bought with:
Paul Pezzimenti, 10301214758
Howard Hanna Professionals - Olean
Source: NYSAMLSs,MLS#: B1561719
Originating MLS: Buffalo

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,424
- Total interior livable area: 2,424 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Gravel, Parking Available, Two or More Spaces
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Dimensions: 113 x 129
- Features: Residential Lot
Details
- Parcel number: 04460008500800010040000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Conventional,Rehab Financing,USDA Loan