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1313 Reed St, Olean, NY, 14760

4beds
2baths
1,666sqft
$59,000
$35price/sqft
$703/moest. monthly cost
$28,120/yrincome needed

About This Home

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. This property offers a closed in backyard with parking options. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity—an ideal project for those ready to make it their own.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

4/10
Olean Middle SchoolGrades 2-7,9-100.5 mi
5/10
Olean Senior High SchoolGrades 8-120.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1892

Materials

  • Construction materials: Other,See Remarks,Pre-Cast Concrete

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,666
  • Total interior livable area: 1,666 sqft

Property

Details

  • Parcel number: 04120009405600010160000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,477 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 40 x 112

Parking

  • Parking features: One Space