Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.
Active
$144,900
635 S Union St, Olean, NY 14760
7beds
0baths
4,000sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$36/sqft
$-- HOA
What's special
Off-street parkingPlenty of off-street parkingUpdated units
- 33 days |
- 184 |
- 12 |
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