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About This Home
This 3-bedroom, 4-bathroom residential multi family at 1390 Olean Portville Road in Olean, NY is listed for $28,000 ($12 per sqft). Built in 1890, the home offers 2,400 sqft of living space on a 0.30 acres lot.
SURVEY AND TITLE ARE COMPLETED; BUYER WALKED AWAY FOR NO REASON AT THE TIME OF CLOSING!!Unlock the potential in this fully vacant 4-unit property located in the Town of Portville. A true value-add opportunity, this building is ready for renovation and ideal for investors looking to rehab, reposition, and maximize rental income.
With no current tenants, you can start work immediately without the challenges of inherited leases or occupancy delays. The property needs substantial updates, offering the chance to redesign floor plans, modernize systems, and bring the building to its highest and best use.
Conveniently situated near local amenities, shopping, and major roadways, this location remains attractive for future renters. Whether you're expanding your portfolio or searching for your next project, this multifamily structure provides strong upside for the right buyer.
Key Features
- Built in 1890
- 0.30 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1390 Olean Portville Road
Olean, NY 14760
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 4-bathroom residential multi family at 1390 Olean Portville Road is listed at $28,000 ($12/sqft). The estimated monthly payment is $121 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.30 acre lot, 2 stories. Interior Features: CeilingFans.
This property is listed by Austin Lopez and can be reached at 7169360806 or Austin@AustinLopezHomeTeam.com.
