109 W Green Street Olean, NY 14760
Listing by: NYS ALLIANCE / Century 21 North East / Muhammad Azhar Jehangir

  109 W Green Street Olean, NY 14760

Active (21 Days)
$389,900 (USD)
6
BED
4,224
SQFT

Description

Property Overview

Step into a rare investment gem in the heart of Olean, NY! This beautifully maintained two-story multi-family property, built in 1895, offers approximately 4,224 sf of living space across six fully rented units and an efficiency studio apartment rented for $750. 7 units average fetching $5250 per month with monthly expense of approx $950 when fully rented. Most of tenants are Section8. Sitting on a generous 4,480 sq ft lot , this property combines historic charm with modern updates, creating an unbeatable opportunity for savvy investors or hands-on owners seeking steady income and long-term growth.
Investment Highlights

Excellent income potential with multi-unit configuration

Property improvements reduce short-term maintenance concerns

Spacious lot and desirable location add long-term value

Ideal for investors seeking consistent cash flow

Summary

109 West Green St is a smart investment in Olean, NY, blending historic charm with income-producing potential. With thoughtful upgrades, a prime location, and multiple rental units, this property is poised to deliver both short-term income and long-term growth.

Please Note: For the safety and privacy of the tenants, do not disturb or enter the property without being accompanied by a licensed realtor.

MLS #:
B1651046
Taxes
$4,609
Lot Size
4,480 SQFT
Type
Multifamily
Year Built
1895
School District
Olean
County
Cattaraugus County

Listed By

Muhammad Azhar Jehangir, Century 21 North East
Source
NYS ALLIANCE
Last checked Jan 16 2026 at 12:52 AM CST
Bathroom Details
Interior Features
  • Gas Water Heater
  • Refrigerator
  • Gas Cooktop
  • Electric Cooktop
  • Electric Water Heater
Lot Information
  • Rectangular
  • Near Public Transit
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Electric
  • Baseboard
Basement Information
  • Partially Finished
Flooring
  • Varies
  • Vinyl
  • Laminate
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Sewer Available, Water Available, Water Source: Public, Water Source: Not Connected
Parking
  • No Garage
Stories
  • 2
Living Area
  • 4,224 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/15/26 16:52