2 For 1 c.1884 Three Bedroom New York Home With Second Home Under $58K
$57,000
Discover the potential in this Olean 3-bedroom New York home, complete with first-floor laundry and a functional layout—ideal for homeowners who want to customize.
A unique bonus is the second house located at the rear of the property, providing possibilities for rental income, guest accommodations, storage, or future improvements. With some updates and vision, this property could truly shine. Don’t miss your chance to explore the possibilities this versatile property has to offer!
- 3bd
- 1ba
- 1,955sqft
- 6,399sqft lot
- Circa 1884
113 S 7th St, Olean, NY 14760 $57,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Brokered by Howard Hanna Professionals – Olean
Pros
- Lower cost of living than many parts of NY: Housing and everyday expenses are often more affordable than larger cities/regions.
- Smaller-town/community feel: Many residents like the quieter pace and stronger community connections.
- Convenient to outdoor recreation: Olean is close to lots of nature options—parks, hiking, fishing, and seasonal activities.
- Regional access: You can reach larger hubs by driving (useful for healthcare, shopping, and specialized services).
- Seasonal beauty: If you enjoy fall foliage and winter activities, Olean’s seasons can be a plus.
- Historic downtown vibes: A number of people enjoy the local shops, events, and character of the area.
Cons
- Winter weather: Snow, cold temps, and icy conditions can be a real factor for commuting, maintenance, and comfort.
- Fewer big-city amenities: More niche dining, shopping, and entertainment may require a longer drive.
- Job market may feel limited (depending on your field): Some people commute to bigger employment areas, especially for specialized careers.
- Transportation dependence: Public transit is typically limited, so driving is often necessary.
- Economic headwinds can exist in smaller metros: Like many smaller upstate areas, growth and investment can be slower than in larger regions.
- Healthcare/specialists: General care may be available, but you may need to travel for certain specialists.
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