616 Washington Street, Olean-city, NY 14760

$174,500 Asking Price

3 beds
3 baths
1,666  sqft
Built in 1910

This meticulously updated turnkey home combines vintage charm with modern amenities, currently operating as a thriving Airbnb. Interior features new hardwood floors, hand-planed & finished to perfection. The floor plan has been reworked opening the space & adding a half bath off the main living area. Restored to its original glory the staircase evokes a sense of nostalgia known in Olean, NY. Exposed brick chimney creates a cozy ambiance. The kitchen has a breakfast bar & the dining room features a custom window seat. The primary suite on the second floor is a true retreat with tile shower & spacious walk-in closet. Also upstairs are two additional bedrooms, a full bath & conveniently located hall laundry. Upgrades include electrical, plumbing, windows, insulation, mechanicals, roof & more. Situated across the street from Oak Hill Park, all of the outdoor space with none of the maintenance! The Washington Street Theater is adjacent to the home & it's located around the block from Olean High School & historic downtown. This property offers a unique opportunity to own a piece of history with modern comforts or with a proven track record of successful bookings, a passive income stream.


Features & Amenities

Interior

General:
Breakfast Bar,Separate/Formal Dining Room,Furnished,Pull Down Attic Stairs,Solid Surface Counters,Bath in Primary Bedroom
Appliances:
Dryer,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Washer
Laundry:
Upper Level
Basement:
Full
Flooring:
Hardwood,Tile,Varies
Heating:
true, Gas,Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Concrete Driveway
Style:
Two Story,Traditional
Parking:
Detached,Electricity

Construction

Roofing:
Asphalt,Shingle
General:
Fiber Cement, 2, Block,Stone

Location

Road/Access:
City Street
Originating MLS:
NYS
School District:
Olean
County:
Cattaraugus

Lot

Zoning:
041200-094-064-0004-043-000-0000

Utilities

Utilities:
Cable Available,High Speed Internet Available,Sewer Connected,Water Connected
Water:
Connected,Public
Sewer:
Connected

Financial

Source:
NYS
Listing Agent Compensation:
3
Buyers Agent Compensation:
3
NA Compensation:
Published compensation for BNAR members only. Commission will not be paid on any seller's concessions.

This listing courtesy of:
Heritage Property Source, Caitlin H Croft

About Olean, NY

Housing

Number of Units
9,238
Median Home Value
$91,173
Median Rent
$544

42.04% of housing units are renter occupied.

11.00% are vacant.

Commute

Car
83.14%
Public Transportation
1.73%
Walk to Work
7.43%
Work from Home
7.25%
Other
0.19%

The median travel time to work is 16 minutes.

People

Population
19,136
Median Age
39.50
Median Household Size
2.38

Education

High School
34.44%
Associate’s Degree
15.62%
Bachelor’s Degree
11.26%
Graduate Degree
12.57%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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