Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly painted and include newer vinyl windows, with the upstairs unit boasting a charming porch. The dry, spacious basement offers excellent storage or potential additional living space, while the newly roofed shed and blacktop driveway provide ample off-street parking. Situated in a cute, quiet neighborhood with new exterior flood lighting for added security and convenience, this duplex is an incredible opportunity. Its unbeatable location near the hospital makes it ideal for traveling medical professionals, short-term renters, or long-term tenants—don't miss out on this move-in-ready gem!
Pending
$119,900
514 3rd Ave, Olean, NY 14760
5beds
2,274sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$116,300 Zestimate®
$53/sqft
$-- HOA
What's special
Newer asphalt roofDry spacious basementLvt flooringNewer vinyl windowsBrand-new hot water tankBrand-new rubber roofNew exterior flood lighting
- 42 days
- on Zillow |
- 36 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 06:35am
Listing by:
HUNT Real Estate Corporation 716-633-5350,
Mason J Meggo 716-866-7604
Source: NYSAMLSs,MLS#: B1592848
Originating MLS: Buffalo

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air, Space Heater
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Luxury Vinyl, Varies
- Windows: Thermal Windows
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,274
- Total interior livable area: 2,274 sqft
Property
Parking
- Parking features: Paved, Parking Available, Two or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 8,712 Square Feet
- Dimensions: 51 x 130
- Features: Near Public Transit, Rectangular, Residential Lot
Details
- Parcel number: 04120009405000030760000000
- Zoning description: Residential 2 Unit
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Brick, Other, Vinyl Siding, PEX Plumbing
- Foundation: Poured
- Roof: Asphalt,Membrane,Rubber
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Fuses
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $55,000
- Annual tax amount: $3,590
- Date on market: 3/14/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
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