This well-maintained duplex offers a fantastic income property opportunity with significant potential for returns. Featuring an upper 2-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, the property has been updated with new carpets, windows, and electric systems. They are also Furnished with Appliances, and both are ready for you to rent out immediately, at a suggested rate in the ballpark of $950/month plus utilities. The Bottom unit comes with convenient laundry hookups and access to a full basement. Ideally located in a walkable downtown area, you'll be close to grocery stores, restaurants, churches, and parks, offering both convenience and appeal to tenants. This duplex is one of five "row houses," and the buyer will have the first opportunity to purchase the other three properties when the seller is ready to sell (104, 106 & 108 N Clinton St). Additionally, the adjacent home at 212 E. State St, a 3-bedroom rental, is also available for an additional $49,900. Don't miss this excellent investment opportunity!
For sale
$179,000
214 E State St, Olean, NY 14760
4beds
1,716sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Furnished with appliancesConvenient laundry hookupsUpdated with new carpets
- 57 days
- on Zillow |
- 295 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 07:06pm
Listing by:
Premier Listings Real Estate 716-379-8383,
Claudia Attard-Keary 716-307-8894
Source: NYSAMLSs,MLS#: R1587180
Originating MLS: Chautauqua-Cattaraugus

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Baseboard
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: Common
Features
- Levels: Two
- Stories: 2
Lot
- Size: 435.6 Square Feet
- Dimensions: 37 x 47
- Features: Near Public Transit, Rectangular, Residential Lot
Details
- Parcel number: 04120009406500070200000000
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $33,400
- Annual tax amount: $1,788
- Date on market: 2/26/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: All Utilities
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