815 Washington St, Olean, NY 14760

Description

A DUPLEX THAT HAS BEEN LOOKED AFTER

There is a difference between a rental property that has been owned and one that has been cared for. This one reads immediately as the second kind.

THE UNITS

Both apartments offer two bedrooms and a full bath, and each carries a bonus — an extra room beyond the standard layout that works as a dining room, a home office, or simply additional living space. That flexibility is quietly valuable in a rental: it widens the pool of people the unit suits and it supports a stronger rent.

The downstairs unit adds private outdoor space of its own, with a back deck and a small front porch.

THE GARAGE

A spacious two-car garage sits on the property. In a market where covered parking is scarce, this is not a footnote — it is a feature tenants stay for, and it gives the property something most comparable rentals simply cannot offer.

THE OPERATING PICTURE

Both units are occupied under long-term tenancies, so the property produces from closing rather than after a lease-up. Tenants currently handle lawn maintenance and snow removal, which keeps the owner's seasonal workload and outside vendor costs down. Laundry for both apartments is located in the basement.

DISCLOSED PLAINLY: electrical service throughout the building is a mix of fuses and circuit breakers. It is noted here so buyers can price it accurately and address it with their lender and insurer up front.

AVAILABLE AS A PACKAGE

This duplex may be purchased together with a nearby three-unit property held by the same owner — a combined five units in a single transaction, with one seller and one closing timeline. Each property is a one- to four-unit residential building and can also be purchased individually. Buyers should confirm financing structure with their own lender.

For an investor building a footprint in Olean, acquiring two well-maintained, fully occupied buildings at once is a considerably faster path than assembling them one at a time.