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Sold on 09/19/2025
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1019 Spruce St #1, Olean, NY 14760

  • $40,000

    Last sold 09/19/2025 after 73 Days

  • 10

    bed

  • 8

    bath

  • 2,608

    Sqft ($15/Sqft)

Multi-family not for sale
Learn about Olean's top local Real Estate agents

About 1019 Spruce St #1

Property type Multi-family
Year built 1950
HOA fee $0/month
Lot size 4,356 Sqft
Property description
Here is a money making apartment house, There are 4 apartments. One of them is empty. All the utilities are separated including the water, however the owner is responsible for collecting the water bill plus the rent. The seller would like to sell this house plus the neighboring house, 1025 Spruce St, together. Of course at this price there are improvements to be made, but there is so much potential. All the tenants want to stay. There are a couple of garages that need to be torn down. The total income for this house is $1,800 per month. There is plenty of off street parking. Take a drive and check out the neighborhood.
Listed by
Listing Agent - Linda M Simons
Listing Agent Contact: 585-610-5805
Listing Office - ERA Team VP Real Estate
Source: NYSAMLS’s mls logo
MLS#B1620966 • last updated 1 month ago
Movoto checked NYSAMLS’s for data 7 minutes ago
Overview
Heating Gas, Gravity, SpaceHeater, WallFurnace
Levels/Style Two, Fourplex
MLS # B1620966
SqFt 2608
SubType Multi Family
Status Closed
Lot Size (SqFt) 4356
Lot Size (Acres) 0.1
Property Tax 2438
Tax Assessed Value 45000
Condition Resale
Interior
Total # of Bathrooms 8
# of Full Baths 8
Total # of Bedrooms 10
Basement DirtFloor, Full
Flooring Carpet, Varies, Vinyl
Exterior
Roof Asphalt
Construction FiberCement, Frame, VinylSiding
Parking Gravel, TwoOrMoreSpaces, Unpaved
Lot Desc CornerLot, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Amenities / Utilities
Appliances Gas Water Heater
Utilities SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Location
High School District Olean
APN 041200-094-048-0001-010-000-0000
Multifamily Details
Owner Pays GroundsCare, Water
# of Separate Electric Meters 4
# of Separate Gas Meters 4
Operating Expense Includes MaintenanceStructure, SnowRemoval
Lot/ Land Details
Road Frontage City Street
We are not permitted to show value estimates for this property.
  • Jul 2025
    mls logo MLS # B1620966
  • Jul 11, 2025 Pending
    —
  • Jul 8, 2025 Listed
    $45,000
  • 1019 Spruce St #1
    $40K
  • —
  • 14760
    $149K +15% y/y
  • Olean
    $149K +15% y/y
No chart available
Statistics calculated by Movoto

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4/10
Olean Middle School
public Grades 2-7, 9-10
Olean City School District
3/10
Olean Senior High School
public Grades 8-12
Olean City School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • NY
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