A promising investment opportunity indeed! The fact that all units are currently occupied with long-term tenants is a great sign of stability and potential steady income. The mix of commercial and residential units offers diversification, and the location in downtown Olean with high foot traffic adds to its attractiveness.… Read More The updated utilities and renovations should help minimize maintenance costs and attract tenants in the future. The presence of a full basement for storage is another asset, as it adds value to the property. Moreover, being part of the Downtown Revitalization Initiative could bring additional benefits such as grants or incentives for further improvements or development projects in the area, potentially increasing the property's value over time. This is a promising investment opportunity with multiple avenues for growth and stability. Read Less
Courtesy of Howard Hanna Professionals.
Listing Snapshot
Days Online
112
Last Updated
Square Ft.
8,008
Lot Size
0.11 Acres
Year Built
1900
MLS Number
R1541244
Additional Details
Building
2 total stories, Built in 1900, Stories: 2, 8,008 sqft living area, 8008 total building sqft, Brick, Masonry, Two
Information herein is deemed reliable but not guaranteed and is provided exclusively 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.
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