469 N Branch Rd

Eldred, PA 16731

$280,000
Last Sold Price
6
Beds
1,326 Sq. Ft.
$211 / Sq. Ft.
1,326
Sq. Ft.
$211
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/1/26
Closed 4/1/26

Description

Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor...Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1
bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and
equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax
ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not
just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000–
$40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant
looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33
minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from
Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far
out as it feels.
  1. Listed by Paul Pezzimenti • Howard Hanna Professionals - Olean
    P: (716)-372-1155 C: (716)-378-7039 PaulPezzimenti@howardhanna.com
  2. Listed by Nicole Roche • Howard Hanna Professionals - Olean
    P: (716)-372-1155 C: (724)-953-6911 nicoleroche@howardhanna.com

Property Details for 469 North Branch Road

Waterfront Description
River Access, Stream
On Waterfront
No
Parking Description
Gravel, Parking Available, Two Or More Spaces
Nearest Cross Street
Indian Creek
LISTING UPDATED: 04/02/2026 08:35 AM

Property Details for 469 North Branch Road

StatusClosed
MLS #R1655499
Days on Market25
Taxes$1,797 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1930
Lot Size62.50 AC / 2,722,500 SF
CountyMcKean County
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Location

Listing Courtesy of Howard Hanna Professionals - Olean

Sold By Howard Hanna Professionals - Smethport

Add your commute

Building Information for 469 North Branch Road

Stories1Residences2Year Built1930Building Size-Lot Size62.50 AC / 2,722,500 SF

Payment Calculator

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$1,560 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,410

Property Taxes

$150

HOA Dues

$0

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Property Information for 469 North Branch Road

Summary
Location and General Information
  • Elementary School Name: Otto Eldred Elementary
  • Elementary School District: Otto Eldred Area
  • High School Name: Otto Eldred Jr/Sr. High
  • High School District: Otto Eldred Area
  • Middle School Name: Otto Eldred Jr/Sr. High
  • Middle Or Junior School District: Otto Eldred Area
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Eldred Township-700160
  • Tax Annual Amount: $1,797.00
Property
Lot Information
  • Additional Parcels Description: 20-001-118-02A, 20-001-118-01
  • Building Area Source: Public Records
  • Building Area Total: 1326.0
  • Land Features: Rectangular, Rectangular Lot, Secluded, Wooded
  • Num Of Acres: 62.5
  • Lot Size Area: 62.5
  • Lot Size Units: Acres
  • Parcel Number: 20-001-118-02
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $47,520
  • Year Built: 1930
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Holding Tank
  • Utilities Available: Cable Available, Electricity Connected, High Speed Internet Available
  • Water Supply: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Copper Plumbing, Pex Plumbing
  • Foundation Description: Block, Poured
  • Patio And Porch Features: Covered, Porch
  • Roof Description: Metal
Interior Features
  • Appliances: Electric Water Heater, Water Softener Owned
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans
  • Sq Ft Total: 1326.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $18,000.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Water Sewer
  • Stories Total: 1
Unit 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Unit Type Total Rent: $650.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dishwasher,Oven/ Range,Refrigerator,Dining Area With Kitchen,Laundry-In Unit,Living Room,Porch
  • Unit Type Total Rent: $850.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Rental
Rental Information
  • Rent Includes: Water

Property History for 469 North Branch Road

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Expired

WNYREIS #R1654698

—
Apr 1, 2026

Sold

WNYREIS #R1655499

$280,000—
Jan 18, 2026

In Contract

WNYREIS #R1654698

—
Jan 18, 2026

In Contract

WNYREIS #R1655499

—
Jan 16, 2026

Pending

WNYREIS #R1655499

—
Jan 16, 2026

Pending

WNYREIS #R1654698

—
Dec 22, 2025

Listed (Active)

WNYREIS #R1655499

$334,900—
Dec 22, 2025

Listed (Active)

WNYREIS #R1654698

$334,900—
DateEvent & SourcePrice
04/02/2026

Expired

WNYREIS #R1654698

—
04/01/2026

Sold

WNYREIS #R1655499

$280,000
01/18/2026

In Contract

WNYREIS #R1654698

—
01/18/2026

In Contract

WNYREIS #R1655499

—
01/16/2026

Pending

WNYREIS #R1655499

—
01/16/2026

Pending

WNYREIS #R1654698

—
12/22/2025

Listed (Active)

WNYREIS #R1655499

$334,900
12/22/2025

Listed (Active)

WNYREIS #R1654698

$334,900

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

Public Records for 469 North Branch Road

Taxable ValueLand$12,950Additions$19,470Total$32,420
Tax Record2025$1,213 ($101 / month)
Home Facts
Beds0Total Finished SqFt1,326 SqFtAbove Grade Finished SqFt1,326 SqFtLot Size163,350 SqFtStyleSingle Family ResidenceYear Built1930CountyMCKEANAPN20-001. -118.02.

Schools near 469 North Branch Road

This home is within Otto-Eldred School District.
Rating
School
Type
Grades
Distance
Otto-Eldred El School
Public - PK to 6
Otto-Eldred Junior-Senior High School
Public - 7 to 12
Rating
School
Distance
Otto-Eldred El School
PublicPK to 6

Otto-Eldred Junior-Senior High School
Public7 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Howard Hanna Professionals - Olean

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 04/02/2026 08:35 AM