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  • $110,000

    120 E Green St, Olean, NY 14760

    2beds
    2,044sqft
    Loading
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $54/sqft
    $-- HOA

    What's special

    Phenomenal turnkey investment opportunity in Western New York! This highly efficient, institutional-grade residential portfolio features 7 tightly clustered assets strategically located on East Green Street and adjacent Edwards Court. Offering immediate scale and high cash-flow velocity, the package delivers a stellar 16.89% Package Cap Rate based on 2026 full-year projections. For private buyers or expanding syndicates, this is a rare chance to capture an immediate, dominant local footprint with streamlined operations from day one. By securing a high-performing real estate engine in a single transaction, investors bypass years of slow, piecemeal portfolio assembly. While the seller prefers a bulk portfolio sale to maximize buyer value, individual home buyers or localized investors have the unique flexibility to acquire these properties separately. Enjoy streamlined property management and immediate operational stability with a strong 86.67% blended occupancy rate across a strong mix of multi-family layouts and classic residential structures. The portfolio includes 114 East Green St ($120k, 16.02% Cap), 116 East Green St ($120k, 17.15% Cap), 118 East Green St ($140k, 19.17% Cap), 120 East Green St ($110k, 16.28% Cap), 1 Edwards Ct ($100k, 15.02% Cap), 2 Edwards Ct ($100k, 10.23% Cap), and 9 Edwards Ct (Lot, $5k). While individual assets can be acquired at a $695,000 aggregate, the seller is offering a built-in $45,000 bulk package discount, dropping the total price to a highly competitive $650,000. Tenants enjoy premier walkability to the bustling North Union Street commercial district, public transit, local staple Ried's Food Barn, and Four Mile Brewing. Highly accessible to neighborhood amenities like Lincoln Park, the Olean Public Library, and premier dining spots like Beef-N-Barrel and Eatery, this location ensures historically low vacancy. Significant upside remains in the Edwards Court units. Act fast to secure a massive local footprint in a single transaction! Ask your realtor for financial statement/projections.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Myoungjin Joo 585-203-6393,

    Myoungjin Joo 585-203-6393

    Source: NYSAMLSs,MLS#: R1724731MLS LogoOriginating MLS: Rochester

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Carpet, Hardwood, Tile, Varies
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,044
      • Total interior livable area: 2,044 sqft

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open, Porch
      Lot
      • Size: 1,515 Square Feet
      • Dimensions: 20 x 75
      • Features: Rectangular, Rectangular Lot
      Details
      • Parcel number: 04120009407300060190000000
      • Zoning description: Residential 2 Unit
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
      Condition
      • Resale
      • Year built: 1915

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Olean

      Financial & listing details

      • Price per square foot: $54/sqft
      • Tax assessed value: $36,000
      • Annual tax amount: $2,126
      • Date on market: 10/23/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,093/mo

        Price history

        DateEventPrice
        10/24/2026Listed for sale$110,000-85.3%$54/sqft
        Source: NYSAMLSs #R1724731 Report a problem
        7/22/2026Listing removed$750,000$367/sqft
        Source: NYSAMLSs #R1632864 Report a problem
        6/1/2026Listed for sale$750,000-11.8%$367/sqft
        Source: NYSAMLSs #R1632864 Report a problem
        11/8/2025Price change$850,000-5.6%$416/sqft
        Source: NYSAMLSs #R1632864 Report a problem
        11/3/2025Listed for sale$900,000+847.4%$440/sqft
        Source: NYSAMLSs #R1632864 Report a problem
        9/17/2024Sold$95,000+35.9%$46/sqft
        Source: Public Record Report a problem
        1/29/2024Sold$69,900$34/sqft
        Source: NYSAMLSs #B1489771 Report a problem
        1/21/2024Pending sale$69,900$34/sqft
        Source: NYSAMLSs #B1489771 Report a problem
        11/18/2023Contingent$69,900$34/sqft
        Source: NYSAMLSs #B1489771 Report a problem
        8/7/2023Listed for sale$69,900$34/sqft
        Source: NYSAMLSs #B1489771 Report a problem
        7/1/2023Listing removed--
        Source: NYSAMLSs #B1436829 Report a problem
        3/20/2023Pending sale$69,900$34/sqft
        Source: NYSAMLSs #B1436829 Report a problem
        3/4/2023Contingent$69,900$34/sqft
        Source: NYSAMLSs #B1436829 Report a problem
        10/6/2022Listed for sale$69,900+55.3%$34/sqft
        Source: NYSAMLSs #B1436829 Report a problem
        3/23/2020Listing removed$45,000$22/sqft
        Source: Southern Tier Realty Co. Inc. #B1203889 Report a problem
        6/24/2019Pending sale$45,000$22/sqft
        Source: Southern Tier Realty Co. Inc. #B1203889 Report a problem
        6/21/2019Listed for sale$45,000$22/sqft
        Source: Southern Tier Realty Co. Inc. #B1203889 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $36,000
        2024-- $36,000
        2023-- $36,000
        2022-- $36,000
        2021-- $36,000
        2020-- $36,000
        2019-- $36,000
        2018-- $36,000
        2017$540 $36,000
        2016-- $36,000
        2015-- $36,000
        2014-- $36,000
        2013-- $36,000
        2012-- $36,000
        2011-- $36,000
        2010-- $36,000
        2009-- $36,000 +873%
        2008-- $3,700
        2007-- $3,700
        2006-- $3,700
        2005-- $3,700
        2004-- $3,700
        2002-- $3,700
        2001-- $3,700
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14760

        Getting around

        59 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating
        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.

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