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Sold on 04/09/2025

108 S 5th St, Olean, NY 14760

  • $54,000

    Last sold 04/09/2025 for $46.5K

  • 6

    bed

  • 4

    bath

  • 1,553

    Sqft ($30/Sqft)

Multi-family not for sale
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About 108 S 5th St

Property type Multi-family
Year built 1915
HOA fee $0/month
Lot size 1,921 Sqft
Movoto estimate
Property description
Discover the perfect opportunity for investors or owner-occupants with this side-by-side duplex offering both convenience and potential. One unit boasts a long-standing tenant, providing immediate income, while the other is ready for your vision and a little TLC to bring it to its full potential. Located on a quiet stretch of S 5th Street, the property offers easy street parking and a layout that maximizes privacy for both units. Each side features its own entrance, making it ideal for renters or multi-generational living. With a bit of effort on one unit, you can unlock significant value and reap the benefits of steady rental income or comfortable living while your tenant helps cover expenses. Whether you're looking to add to your portfolio or step into property ownership, this duplex is a smart investment with plenty of upside.
Listed by
Listing Agent - Paul Pezzimenti
Listing Agent Contact: 716-378-7039
Listing Office - Howard Hanna Professionals
Source: NYSAMLS’s mls logo
MLS#R1585330 • last updated 1 month ago
Movoto checked NYSAMLS’s for data 8 minutes ago
Overview
Heating Gas, Baseboard
Levels/Style Two
MLS # R1585330
SqFt 1553
SubType Multi Family
Status Closed
Lot Size (SqFt) 1920
Lot Size (Acres) 0.0441
Property Tax 1755
Tax Assessed Value 32800
Condition Resale
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 6
Basement Full
Flooring Carpet, Hardwood, Varies
Interior Features Ceiling Fan(s)
Exterior
Construction CompositeSiding, CopperPlumbing
Parking NoDriveway, OnStreet
Lot Desc Rectangular, RectangularLot, ResidentialLot
Amenities / Utilities
Appliances Gas Water Heater
Utilities CableAvailable, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Sewer/ Septic Connected
Electricity Circuit Breakers
Water Source Connected, Public
Location
Elementary School Washington West Elementary
Middle School Olean Middle
High School District Olean
High School Olean Senior High
APN 041200-094-064-0013-015-000-0000
Multifamily Details
Owner Pays Water
# of Separate Electric Meters 2
# of Separate Gas Meters 2
Operating Expense Includes Water/Sewer
Lot/ Land Details
Road Frontage City Street
$54K
Range: $44.2K-$63.7K
Last 30 days 
  • Apr 2025
    mls logo MLS # R1585330
  • Apr 11, 2025 Sold
    $46,500 (-6.8%)
  • Jan 28, 2025 Pending
    —
  • Jan 21, 2025 Listed
    $49,900
  • 108 S 5th St
    $46.5K
  • —
  • 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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