Prime Investment Opportunity in North Olean!
Nestled in the heart of North Olean, this 3-unit property offers incredible potential for investors or owner-occupiers. Located just around the corner from Olean Intermediate Middle School and a short stroll to Downtown Olean, this property provides convenience and accessibility in a highly desirable area.
Each unit features separate heating systems, ensuring tenant independence and utility efficiency. The property also includes off-street parking, updated electrical panels, and solid rental layouts.
One unit is currently vacant, presenting a fantastic opportunity for an owner-occupier to enjoy the benefits of homeownership while generating rental income—or simply lease the space for additional revenue.
Whether you’re a seasoned investor or just starting your real estate journey, this property offers a combination of location, flexibility, and income potential that is hard to beat.
Pending
$79,900
301 Coleman St, Olean, NY 14760
4beds
2,764sqft
Triplex, Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$29/sqft
$-- HOA
What's special
- 92 days
- on Zillow |
- 5 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 28, 2025 at 02:25pm
Listing by:
Howard Hanna Professionals 716-372-1155,
Paul Pezzimenti 716-378-7039
Source: NYSAMLSs,MLS#: R1585456
Originating MLS: Chautauqua-Cattaraugus

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air, Space Heater
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Parking features: Common, On Street, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,522.81 Square Feet
- Dimensions: 66 x 114
- Features: Corner Lot, Rectangular, Residential Lot
Details
- Parcel number: 04120009405700010130000000
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Composite Siding, Copper Plumbing
- Foundation: Stone
Condition
- Resale
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- 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: $29/sqft
- Tax assessed value: $45,000
- Annual tax amount: $2,409
- Date on market: 1/21/2025
- Listing terms: Cash,Conventional
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