CCertihomes
507 E Connell Street, Olean, NY 14760

$74,500

5 beds 1 baths 2,000 sqft Built 1890165 days on marketActive

About this home

Step back in time with this spacious 5-bedroom, 1-bathroom home, brimming with character and waiting for your personal touch! Inside, you'll find generously sized rooms, a large kitchen with plenty or space for an eat-in. The full bathroom is centrally located off the kitchen with a newer walk-in shower. Living room, office and bedroom or space for whatever you need. Laundry is conveniently located on the first floor. Nice carport. Metal roof, vinyl siding, newer windows, and new hot water tank takes away from having to do those major updates. Sitting on a nice-sized lot, the backyard offers room for a garden, entertaining, or expansion. While this home needs some TLC, it's an incredible opportunity for investors, DIY enthusiasts, or anyone looking to restore a piece of history.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$1,722/mo

Real estate (PITI + HOA + PMI)
$909
Principal + interest$478
Property tax + insurance$403
PMI / 2nd mortgage$28
Utilities
$1,499
Heating + cooling$600
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$1,722/mo TLC
Budget$5,000/mo
Remaining after TLC$3,278/mo
Purchase price
$74,500
Down payment
$3,725 (5%)
Loan amount
$70,775
APR
7.15%

Quick facts

Type
SingleFamilyResidence
Style
HistoricAntique, TwoStory
Year built
1890
Lot size
0.1848 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,024
MLS #
R1590550
County
Cattaraugus

At a glance

Basement
Garage (1)

Home features

Appliances
GasOvenGasRangeGasWaterHeaterRefrigerator
Interior
DenEatInKitchenSeparateFormalLivingRoomBedroomOnMainLevel
Exterior
BlacktopDriveway
Parking
Carport
Flooring
Carpet, Laminate, Varies
Roof
Metal
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14760

MetricThis ZIPCountyUSA
Population18,73219,351,094299,088,112
Population Change Since1990-14.00%8.00%20.00%
Population Density294395
Male8,8619,381,926147,432,321
Female9,8719,969,168151,655,844
Never Married4,4284,946,39163,775,926
Married7,2587,166,701123,120,365
Separated1,0261,159,67312,639,686
Widowed1,3671,110,24515,467,586
Divorced1,4651,210,44823,075,029
Number Of House Hold7,0997,102,016111,826,380
Average House Hold Size2.442.642.60
Medial Age37.0536.5335.46
Median House Hold Income$35,386$49,847$48,276
Average House Hold Income$46,879$70,032$63,629
P C I$18,889$26,569$24,529
M D I$31,259$42,210$41,133
A T H E$41,723$54,185$50,898
S T R8.00%4.00%
W C J84.88%81.55%77.74%
(Zip) Code
14760

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 2/28/2025. Provided courtesy of Howard Hanna Professionals - Olean via Buffalo MLS. Information deemed reliable but not guaranteed.