Closed

$135,000

635 S Union St, Olean, NY 14760

7beds

0baths

4,000sqft

Multi Family

Built in 1910

-- sqft lot

$132,400 Zestimate^®

$34/sqft

$1,080 Estimated rent

Home value

$132,400

Estimated sales range

Not available

$1,080/mo

Zestimate^® history

Owner options

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$1,080/mo

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$1,080/mo

Rent Zestimate^®

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$846/mo

Est. payment

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$846/mo

Est. payment

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What's special

Off-street parkingPlenty of off-street parkingUpdated units

Excellent investment opportunity with this 7-unit apartment building offering strong rental income potential and plenty of off-street parking for tenants, with 10+ spaces available. Unit 1 is a freshly remodeled 1-bedroom, 1-bath apartment, currently vacant and ready to lease for $850–$900. Unit 2 has also been newly remodeled and vacant, a spacious 1-bedroom, 1-bath unit with rental potential of $800–$850. Units 3 and 4 are currently rented, each bringing in approximately $750 per month, while Unit 5 is also leased at $750. Unit 6 is rented at $700, and Unit 7, also at $700, is currently in the eviction process. With updated units already in place, solid rental history, and immediate income potential, this property is ideal for an investor looking to grow their portfolio with a mix of renovated and income-producing apartments.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 0

Heating

Electric, Gas, Baseboard

Appliances

Included: Appliances Negotiable, Electric Water Heater, Gas Water Heater

Features

Flooring: Carpet, Laminate, Varies
Has fireplace: No

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Parking features: One and One Half Spaces, Garage, No Garage

Features

Levels: Two
Stories: 2
Exterior features: Concrete Driveway

Lot

Size: 0.31 Acres
Dimensions: 106 x 128
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 04120009408100020230000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Wood Siding
Foundation: Slab
Roof: Asphalt,Flat,Membrane,Rubber,Shingle

Condition

Resale
Year built: 1910

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Community

Community features: None

Location

Region: Olean

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
2/6/2026	Sold	$135,000-6.8%$34/sqft
Source: NYSAMLSs #R1637766 Report a problem
10/29/2025	Pending sale	$144,900$36/sqft
Source: NYSAMLSs #R1637766 Report a problem
9/13/2025	Listed for sale	$144,900-44.3%$36/sqft
Source: NYSAMLSs #R1637766 Report a problem
8/8/2025	Listing removed	$260,000$65/sqft
Source: My State MLS #11448989 Report a problem
5/21/2025	Price change	$260,000-3.7%$65/sqft
Source: My State MLS #11448989 Report a problem
3/25/2025	Listed for sale	$270,000$68/sqft
Source: My State MLS #11448989 Report a problem