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Michael Olear
SRES,CRS,MSW
REALTOR®, Lic. Associate Real Estate Broker
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1313 Reed Street , Olean, NY 14760

$59,000
  • 1313 Reed Street , Olean, NY 14760 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,666 MLS#R1673225
STATUSActive PROPERTY TYPEResidential - Multiple SCHOOLOlean

Property Description

Opportunity awaits in the heart of Olean! This two-unit property is a solid option for those looking to add to their portfolio or start building rental income. Featuring separate gas, electric, and water utilities, the setup allows for added convenience and flexibility. This property offers a closed in backyard with parking options. The property is priced to reflect the work needed, offering the chance to improve and maximize its potential. With the right updates, this could become a strong income-producing asset. Conveniently located near local amenities, shopping, and dining, this property combines location, value, and opportunity-an ideal project for those ready to make it their own.

1313 Reed Street | MLS# R1673225

This home located at 1313 Reed Street , Olean, NY 14760 is currently listed for sale with an asking price of $59,000. This property was built in 1892 and has 4 bedrooms and 2 full baths with 1666 sq. ft. Reed Street is located within the Olean school district. Search Olean real estate on molear.mjpeterson.com today.

Property Features

Property Type: Residential - Multiple
Basement: Full
Heating: Gas, ForcedAir
Home Style: Duplex
Lot Size: 0.10 Acres
Stories: 2.0
Taxes: $2,441
Year Built: 1892

Feature Descriptions

Appliances: GasWaterHeater
Exterior: Other, SeeRemarks, PreCastConcrete
Flooring: Hardwood, Laminate, Varies
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 40X112
Parcel#: 041200-094-056-0001-016-000-0000
Parking: OneSpace
Parking Notes: OneSpace
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Olean

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-907-7205

Shown By

Agent Name: Michael Olear
Agent Phone: Cell: (716) 481-9959
Agency Title: MJ Peterson Real Estate

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Estimate Your Payment

Estimated Payment

$ 351.93 per month $131.31 Principal & Interest $203.42 Property Tax $17.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:12:15 AM EST) or New York State Alliance MLS (last updated Mon 04/20/2026 12:10:37 AM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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