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1390 Olean Portville Rd, Olean, NY, 14760

3beds
4baths
2,400sqft
$28,000
$12price/sqft
$598/moest. monthly cost
$23,920/yrincome needed

About This Home

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.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

8/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1890

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Composite Siding,PEX Plumbing

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Ceramic Tile,Hardwood,Laminate,Varies

Heating & Cooling

  • Heating features: Gas,Forced Air
  • Cooling features: Attic Fan

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 04748909501700030250000000
  • Zoning description: Residential Multi Use
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.30 Acres
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 45 x 290

Parking

  • Parking features: Two or More Spaces