TURNKEY INCOME PROPERTY NEAR ST. BONAVENTURE – ESTABLISHED RENTAL DEMAND
Exceptional investment opportunity in Olean, NY
This turnkey property is currently operating as a successful furnished rental with strong ongoing demand and consistent monthly income. The property is already listed on Furnished Finder and has a waiting list of prospective tenants upon vacancy.
Conveniently located near St. Bonaventure University, the home offers multiple income strategies, including:
• Furnished mid-term rentals
• Traveling nurse housing
• Traveling engineer
• Traditional long-term rental
• Student/faculty housing
• Airbnb / short-term rental potential
The property currently generates approximately $1,900–$2,000 per month in rental income, with additional upside potential depending on occupancy strategy and furnishing model.
Investor highlights:
• Turnkey income-producing property
• Established rental demand
• Strong occupancy potential
• Furnished rental opportunity
• Multi-strategy investment
• Attractive option for both local and out-of-state investors
The home also works beautifully as a primary residence while offering excellent income-producing potential.
FSBO – buyer agents welcome.
For sale by owner
Price cut: $2.9K (6/18)
$166,000
328 N 6th St, Olean, NY 14760
3beds
1,084sqft
SingleFamily
Built in 1892
4,864 Square Feet Lot
$-- Zestimate®
$153/sqft
$-- HOA
Overview
- 57 days |
- 524 |
- 24 |
Listed by:
Property Owner (407) 990-0756
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Appliances
- Included: Microwave, Range / Oven, Washer
Features
- Flooring: Laminate
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,084 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Wood
Lot
- Size: 4,864 Square Feet
Details
- Parcel number: 04120094056844
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
Condition
- New construction: No
- Year built: 1892
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $45,070
- Date on market: 5/11/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,568/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $166,000-1.7%$153/sqft |
Source: Owner Report a problem | ||
| 5/11/2026 | Listed for sale | $168,900-6.2%$156/sqft |
Source: Owner Report a problem | ||
| 3/4/2026 | Listing removed | $180,000$166/sqft |
Source: HUNT ERA Real Estate #B1635685 Report a problem | ||
| 12/5/2025 | Price change | $180,000-14.7%$166/sqft |
Source: | ||
| 9/18/2025 | Price change | $211,000-21.9%$195/sqft |
Source: | ||
| 9/5/2025 | Listed for sale | $270,000$249/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $32,000 |
| 2024 | -- | $32,000 |
| 2023 | -- | $32,000 |
| 2022 | -- | $32,000 |
| 2021 | -- | $32,000 |
| 2020 | -- | $32,000 |
| 2019 | -- | $32,000 |
| 2018 | -- | $32,000 |
| 2017 | $240 | $32,000 |
| 2016 | -- | $32,000 |
| 2015 | -- | $32,000 |
| 2014 | -- | $32,000 |
| 2013 | -- | $32,000 |
| 2012 | -- | $32,000 |
| 2011 | -- | $32,000 |
| 2010 | -- | $32,000 |
| 2009 | -- | $32,000 +819.5% |
| 2008 | -- | $3,480 |
| 2007 | -- | $3,480 |
| 2006 | -- | $3,480 |
| 2005 | -- | $3,480 |
| 2004 | -- | $3,480 |
| 2002 | -- | $3,480 |
| 2001 | -- | $3,480 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.2 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.1 mi
- 2/10Washington West Elementary SchoolGrades: PK-3Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Cattaraugus County
- Olean
- 14760
- 328 N 6th St





