CCertihomes
118 S 8th Street, Olean-City, NY 14760

$109,900

2 beds 2 baths 1,614 sqft Built 19000 days on marketActive

About this home

Looking for a smart addition to your investment portfolio or the perfect owner-occupied opportunity? This freshly updated upper/lower duplex checks all the boxes! Each unit features 1 spacious bedroom, making it ideal for easy-to-manage rental income or comfortable living with added income potential. From the moment you pull into the blacktop driveway, you'll appreciate the low-maintenance vinyl siding and curb appeal. A rare bonus, the three-car garage offers extra storage or rental potential for added cash flow. Inside, both units have been refreshed with modern flooring and a full coat of fresh paint, so they're clean, bright, and move-in ready. With separate entrances and a functional layout in each unit, this property offers flexibility and immediate rental potential. Whether you're a seasoned investor or just starting out, this property is a ready-to-go income producer. Don't miss your chance to own this solid, low-hassle duplex in a desirable location!

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
$1,894/mo

Real estate (PITI + HOA + PMI)
$1,205
Principal + interest$705
Property tax + insurance$459
PMI / 2nd mortgage$41
Utilities
$1,277
Heating + cooling$489
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$1,894/mo TLC
Budget$5,000/mo
Remaining after TLC$3,106/mo
Purchase price
$109,900
Down payment
$5,495 (5%)
Loan amount
$104,405
APR
7.15%

Quick facts

Type
Duplex
Style
Duplex
Year built
1900
Lot size
0.1175 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,516
MLS #
R1617968
County
Cattaraugus

At a glance

Basement
Garage (3)

Home features

Appliances
GasWaterHeater
Interior
CeilingFans
Parking
PavedTwoOrMoreSpaces
Flooring
LuxuryVinyl
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Schools

Elementary
Washington West Elementary
Middle
Olean Middle
High
Olean Senior High

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 6/25/2025. Provided courtesy of Howard Hanna Professionals - Olean via Buffalo MLS. Information deemed reliable but not guaranteed.