For SaleMLS # R167323080 days on market

207 5th Street

Olean, NY 14760 · Cattaraugus County

Price

$45,000

Bed / Bath

4 bd · 2 ba

Interior

2,545 sqft

Lot

5,759 sqft lot

Built

1900

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. Just a short distance to a spacious community park featuring tennis courts, a dog park, and plenty of open recreational space. 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.

Appliances

Gas Water Heater

Mechanical

Heating

Gas, Forced Air

Schools

District

Olean

Tax & finance

Annual taxes

$2,104

Financing

Cash

Location

Olean, NY 14760 · Cattaraugus County

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MLS Attribution

Listing courtesy of EXP-Premier Listings Team. Listing agent: Christine Calbi. Data last updated 7/9/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.