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Sold on 06/04/2025

514 3rd Ave, Olean, NY 14760

  • $124,900

    Last sold 06/04/2025 after 82 Days

  • 10

    bed

  • 4

    bath

  • 2,274

    Sqft ($55/Sqft)

Multi-family not for sale
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About 514 3rd Ave

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Property description
Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly painted and include newer vinyl windows, with the upstairs unit boasting a charming porch. The dry, spacious basement offers excellent storage or potential additional living space, while the newly roofed shed and blacktop driveway provide ample off-street parking. Situated in a cute, quiet neighborhood with new exterior flood lighting for added security and convenience, this duplex is an incredible opportunity. Its unbeatable location near the hospital makes it ideal for traveling medical professionals, short-term renters, or long-term tenants—don't miss out on this move-in-ready gem!
Listed by
Listing Agent - Mason J Meggo
Listing Agent Contact: 716-866-7604
Listing Office - HUNT Real Estate Corporation
Source: NYSAMLS’s mls logo
MLS#B1592848 • last updated 1 month ago
Movoto checked NYSAMLS’s for data 7 minutes ago
Overview
Heating Gas, ForcedAir, SpaceHeater
Levels/Style Two, Duplex
MLS # B1592848
SqFt 2274
SubType Multi Family
Status Closed
Lot Size (SqFt) 6695
Lot Size (Acres) 0.2
Property Tax 3590
Tax Assessed Value 55000
Condition Resale
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 10
Basement Full, WalkOutAccess
Flooring Carpet, LuxuryVinyl, Varies
Window Features Thermal Windows
Exterior
Foundation Poured
Roof Asphalt, Membrane, Rubber
Construction Brick, Other, VinylSiding, PexPlumbing
Parking Paved, ParkingAvailable, TwoOrMoreSpaces
Exterior Features Patio
Patio/ Porch Patio
Lot Desc NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Amenities / Utilities
Appliances Gas Water Heater
Utilities HighSpeedInternetAvailable, SewerConnected, WaterConnected
Sewer/ Septic Connected
Electricity Fuses
Water Source Connected, Public
Location
High School District Olean
APN 041200-094-050-0003-076-000-0000
Zoning Residential 2 Unit
Directions Main To Center To 3rd Ave
Multifamily Details
# of Separate Electric Meters 2
# of Separate Gas Meters 2
Operating Expense Includes Other, SeeRemarks
Lot/ Land Details
Road Frontage City Street
$120K
Range: $108K-$132K
Last 30 days 
  • Nov 2025
    mls logo MLS # B1592848
  • Nov 13, 2025 Sold
    $124,900 (+4.2%)
  • Mar 26, 2025 Pending
    —
  • Mar 14, 2025 Listed
    $119,900
  • 514 3rd Ave
    $124K
  • —
  • 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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