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616 Washington St, Olean-City, NY, 14760

$174,500

Home List Price

$2,072*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,666 SqFt
$105/SqFt
House
Schools Nearby

Location

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616 Washington St, Olean$174,500

Buyer Closing Credits

$2,072*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Electricity
Garage1 space
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #B1535356
Lot Size0.11 Acres
StatusActive

About 616 Washington St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story, Traditional
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,666 SqFt

Listing Office:

  • Office Name: Heritage Property Source
  • Office Phone: (716) 236-7644
  • Listing Agent: Caitlin H Croft

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Varies
  • Interior: Breakfast Bar, Separate/Formal Dining Room, Furnished, Pull Down Attic Stairs, Solid Surface Counters, Bath in Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Concrete Driveway

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, Electricity

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From W. State Street to N. 6th St. Make a left onto Washington, home is on the corner. Driveway is on Washington.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,500
  • Price Per SqFt: $105/SqFt
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Housing Market Comparison

See how this home compares to others in Olean, NY.

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Olean, NY

City

Med. Sold Price

$104K

Med. Price/SqFt

$72

Avg. Days On Market

49

# of Sold Homes

5

616 Washington St vs Olean

1 DAY ON ROCKET

-48 Days

$174,500

+$70.4K More

$105/SqFt

+$33 More

KEY TAKEAWAY

This property is $70.4K more than the Median Sold Price and $33/SqFt more than other homes in Olean, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1535356

Listing Office:

  • Office Name: Heritage Property Source
  • Office Phone: (716) 236-7644
  • Listing Agent: Caitlin H Croft

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/3/2024, 11:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$938

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$590

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5284076
5
/10

  • Washington West Elementary School

  • 1626 Washington St

  • 0.62 miles

  • Public District Grades PK-3

school-card-donut-5284077
3
/10

  • East View Elementary School

  • 690 E Spring St

  • 1.16 miles

  • Public District Grades PK-3

school-card-donut-5284078
6
/10

  • Allegany-Limestone Elementary School

  • 120 Maple Ave

  • 3.22 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,469. Typical income of Olean, NY residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 616 Washington St

What is the listing price of this property?

The listing price of 616 Washington St property is $174,500.

What type of property is this?

The property 616 Washington St is a house located in Olean-City, New York, 14760.

Is this property for sale now?

Active Listing: 616 Washington St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 616 Washington St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 616 Washington St is 1,666 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 616 Washington St is 1910.

Rocket Homes›New York›Cattaraugus County›Olean›14760›616 Washington St

This home is located at 616 Washington St in Olean-City, NY and zip code 14760. This 1,666 square foot home, which was built in 1910, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $174,500.

In April 2024 more than 3 listings in Olean, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Olean, NY between March 2024 and April 2024 decreased by 16.9%. While the average time on the market in April 2024 was 49 days, the median list price was $104,046.

From Rocket Homes Real Estate and based on county public records data.

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