216 N 15th St

2,370 Sq. Ft.
$42 / Sq. Ft.
2,370
Sq. Ft.
$42
per Sq. Ft.

Description

Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment...Great opportunity to own a well-maintained three-unit property with stable, long-term tenants already in place. This fully occupied building generates $1950 per month in gross rental income, making it an ideal addition to any investment portfolio or a perfect start for a first-time investor. Each unit offers comfortable living spaces, reliable rental history, and separate utilities except water, helping keep operating costs manageable. Located in a convenient area close to local amenities, employment centers, and transportation, this property continues to attract consistent tenant demand. Whether you're looking to expand your holdings or step into real estate investing, this turnkey asset delivers immediate income and long-term potential.
  1. Listed by Kelly Patrone • Howard Hanna Professionals - Olean
    P: (716)-372-1155 C: (716)-353-3222 KellyPatrone@howardhanna.com

Property Details for 216 North 15th Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Common, Two Or More Spaces
Nearest Cross Street
Washington
LISTING UPDATED: 12/15/2025 03:57 PM

Property Details for 216 North 15th Street

StatusPending
MLS #R1653704
Days on Market9
Taxes$2,814 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1912
Lot Size0.20 AC / 8,704 SF
CountyCattaraugus County

Location

Listing Courtesy of Howard Hanna Professionals - Olean
Add your commute

Building Information for 216 North 15th Street

Stories2Residences3Year Built1912Building Size-Lot Size0.20 AC / 8,704 SF

Payment Calculator

$717 per month

30 year fixed, 6.15% Interest

Principal and Interest

$483

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 216 North 15th Street

Summary
Location and General Information
  • Elementary School District: Olean
  • High School District: Olean
  • Middle Or Junior School District: Olean
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $2,814.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2370.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1998
  • Lot Size Area: 0.1998
  • Lot Size Square Feet: 8704.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-055-0004-023-000-0000
  • Road Frontage: City Street
  • Lot Number: 23
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $52,000
  • Year Built: 1912
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers, Fuses
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Description: Block
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full, Sump Pump
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 7
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies, Vinyl
  • Heating: Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Interior Features: Pull Down Attic Stairs
  • Levels: Two
  • Sq Ft Total: 2370.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $23,400.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Insurance, Maintenance, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Living Room,Porch
  • Unit Type Total Rent: $600.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 600
Unit 2
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Living Room,Porch
  • Unit Type Total Rent: $600.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 600
Unit 3
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room
  • Unit Type Total Rent: $750.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 750
Rental
Rental Information
  • Rent Includes: Water

Property History for 216 North 15th Street

DateEvent & SourcePriceAppreciation
Dec 14, 2025

Pending

WNYREIS #R1653704

Dec 5, 2025

Expired

WNYREIS #R1541991

Dec 5, 2025

Listed (Active)

WNYREIS #R1653704

$99,000
Oct 29, 2025

Price Change

WNYREIS #R1541991

$99,900
Jun 10, 2024

Listed (Active)

WNYREIS #R1541991

$119,000
Apr 1, 2010

Sold (Public Record)

Public Record #426621631

$52,000
DateEvent & SourcePrice
12/14/2025

Pending

WNYREIS #R1653704

12/05/2025

Expired

WNYREIS #R1541991

12/05/2025

Listed (Active)

WNYREIS #R1653704

$99,000
10/29/2025

Price Change

WNYREIS #R1541991

$99,900
06/10/2024

Listed (Active)

WNYREIS #R1541991

$119,000
04/01/2010

Sold (Public Record)

Public Record #426621631

$52,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 216 North 15th Street

Taxable ValueLand$6,000Additions$46,000Total$52,000
Tax Record2024$1,963 ($164 / month)
Home Facts
Baths3Total Finished SqFt1,170 SqFtAbove Grade Finished SqFt1,170 SqFtStories2Lot Size8,704 SqFtStyleMulti-Family Dwelling (2-4)Year Built1912CountyCATTARAUGUSAPN041200 94.055-4-23

Schools near 216 North 15th Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Public - 2 to 10
Public - 8 to 12
Public - PK to 3
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public2 to 10

Olean Senior High School
Public8 to 12

East View Elementary School
PublicPK to 3

Washington West Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard Hanna Professionals - Olean

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.