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753-755 Garden Avenue, Olean-City, NY 14760

For Sale

$599,000

6 beds • 2 baths • 3,328 sqft

Estimated Payment

$ 3,175 /mo. †

6.63% APR for 30 yrs.
$1,256 in taxes
Change Loan Terms

  • Single Family Attached
    Property type

  • Newly Listed
    Time on Century 21

  • $179.99
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 13 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid, diversified entry into the market. Included in this portfolio are 201 N 18th St (3-unit), 206 S 13th St (2-unit), 305 S 8th St (single-family), 753-755 Garden Ave (2-unit), 125 N 3rd St (2-unit), 217 King St (2-unit), and 116 S 9th St (single-family). These properties are located in strong rental demand areas, ensuring a steady stream of income. With a combination of multi-family and single-family units, this portfolio offers a diverse investment strategy, reducing risk while maximizing potential returns. Priced at $599,000, this investment presents a great cap rate opportunity with room for increased cash flow through strategic management. The Olean rental market remains strong and stable, making this an attractive long-term investment. Don t miss out on this turnkey portfolio
MLS# R1592378

Courtesy Of Howard Hanna Holt Real Estate

(716) 372-1155

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Hardwood
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 753-755 Garden Avenue, Olean-City, NY 14760

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,070
  • Property Taxes
    $104
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,175

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Olean Intermediate-middle School

Grades 4-7 Public School

Olean, NY 14760 1.2 miles
401 wayne st

587 total students
10:1 Student teacher ratio

School Rating: C-

School Details

East View Elementary School

Grades PK-3 Public School

Olean, NY 14760 0.4 miles
690 e spring st

328 total students
11:1 Student teacher ratio

School Rating: D

School Details

Olean Senior High School

Grades 8-12 Public School

Olean, NY 14760 1.1 miles
410 w sullivan st

715 total students
14:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Cattaraugus-allegany-erie-wyoming Boces 1.2 miles Public KG-12
Washington West Elementary School 1.9 miles Public PK-3 C-
Southern Tier Catholic School 2.2 miles Private KG-12
Archbishop Walsh High School 2.2 miles Private KG-12
Allegany-limestone Elementary School 4.2 miles Public PK-5 B+
Portville Elementary School 5.2 miles Public PK-6 A
Portville Junior-senior High School 5.2 miles Public 7-12 A
Allegany-limestone Middle-high School 6 miles Public 6-12 C+

Cattaraugus-allegany-erie-wyoming Boces

Distance: 1.2 miles

Type Public

Grades: KG-12

Washington West Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-3

C-

Southern Tier Catholic School

Distance: 2.2 miles

Type Private

Grades: KG-12

Archbishop Walsh High School

Distance: 2.2 miles

Type Private

Grades: KG-12

Allegany-limestone Elementary School

Distance: 4.2 miles

Type Public

Grades: PK-5

B+

Portville Elementary School

Distance: 5.2 miles

Type Public

Grades: PK-6

A

Portville Junior-senior High School

Distance: 5.2 miles

Type Public

Grades: 7-12

A

Allegany-limestone Middle-high School

Distance: 6 miles

Type Public

Grades: 6-12

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Olean-City, NY 14760

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Olean-City, NY 14760

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are above the national average.

79° July
Hottest Average Month
13° January
Coldest Average Month
8,233 Total Households in Area
-0.8% Increase in population since the year 2010
29.1%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Olean-City, NY 14760

Olean-City, NY 14760 has a population of 19,241 people in 8,233 households with a median age of 40.2 years old.

-0.8%
Decrease in population
since the year 2010
Population is Trending down
8,304
Total households as of 2010
1.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 86%
Black 3%
Hispanic 3%
Asian 2%
Other <1%
Native American <1%
The most prevalent ethnicity is White at 86%, followed by Black at 3%, Hispanic at 3%, and Asian at 2%.

Economics
for Olean-City, NY 14760

300 /sq mi
Population Density
$51,712 /yr
Median Household Income
$95,000
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.96% of the households.

Transportation to Work

  • Drive 85%
  • Walk or Bike 7%
  • Work from Home 6%
  • Public Transit 2%

Occupancy by Type

Owned 4,858 53%
Rented 3,375 37%
Vacant 980 11%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Family & Education Facts
for Olean-City, NY 14760

40.2 Median Age

Average Household Size

2.2
persons per
household

38.1%

Married Households

Community Population By Education

High School Graduate 36%
Some College 16%
Associates Degree 14%
Bachelors Degree 13%
Graduate Degree 13%
Some High School 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 36% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.1% of households have children

Weather
for Olean-City, NY 14760

The weather for this area ranges from a high of 79° F in July to a low of 13° F in January

79° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
31°
Feb
13°
33°
Mar
21°
42°
Apr
32°
55°
May
41°
67°
Jun
50°
75°
Jul
54°
79°
Aug
52°
77°
Sep
46°
70°
Oct
36°
60°
Nov
28°
46°
Dec
18°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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