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.
Closed
$40,000
1019 Spruce St APT 1, Olean, NY 14760
5beds
2,608sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$39,900 Zestimate®
$15/sqft
$1,147 Estimated rent
Home value
$39,900
Estimated sales range
Not available
$1,147/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2025 at 06:22am
Listed by:
Linda M Simons 585-610-5805,
ERA Team VP Real Estate
Bought with:
Ronald F. Wolf, 30WO0580127
Real Estate Pros & More
Source: NYSAMLSs,MLS#: B1620966
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Gravity, Space Heater, Wall Furnace
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Varies, Vinyl
- Basement: Dirt Floor,Full
- Has fireplace: No
Interior area
- Total structure area: 2,608
- Total interior livable area: 2,608 sqft
Property
Parking
- Parking features: Gravel, Two or More Spaces, Unpaved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 sqft
- Dimensions: 33 x 132
- Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120009404800010100000000
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Fiber Cement, Frame, Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1950
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $40,000-11.1%$15/sqft |
Source:  NYSAMLSs #B1620966 | ||
| 7/11/2025 | Pending sale | $45,000$17/sqft |
Source: NYSAMLSs #B1620966 | ||
| 7/8/2025 | Listed for sale | $45,000$17/sqft |
Source: NYSAMLSs #B1620966 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 2-7,9-10Distance: 0.5 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.6 mi
- 3/10East View Elementary SchoolGrades: PK-3Distance: 1.3 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.