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Listed price in listed location currency (USD).
$144,900

700

MLS® R1637766

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4000 sqft
Garage No
Maintenance Fees 
Taxes $4,769
Approx. Age 1910
Avg. Price Per Sqft $36
MLS® Number R1637766

Property Address: 635 S Union St, Olean, NY, 14760-3954

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberR1637766
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Sep 13, 2025List Date
$144,900List Price
  • Commute

Commute

Starting Address
Destination Address
635 S Union St, Olean, NY

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