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224 S 16th Street, 
Olean, NY 14760

$69,900


2

Beds


2

Baths


1,120

Sq Ft


Single Family

Active

Listed by

Paul Pezzimenti

Howard Hanna Professionals - Olean

716-372-1155

Last updated:

December 18, 2025, 04:02 PM

MLS#

R1651751

Source:

NY GENRIS

About This Home

224 S 16th Street

Discover the potential in this charming 2-bedroom, 2-full-bath home featuring beautiful hardwood floors and granite countertops that bring warmth and modern appeal to the open floor plan. The layout offers a bright living area that flows smoothly into the kitchen and dining spaces, creating an easy, comfortable feel throughout. One of the property's standout features is the amazing two-car garage, perfect for parking, storage, or hobby space—an amenity that adds tremendous value. Please note: the home does require significant foundational repair, making this an excellent opportunity for an investor, contractor, or buyer looking to add equity with renovations. Due to the scope of the work, only strong 20% conventional financing or cash offers can be considered. With appealing finishes, flexible living space, and a great garage, this home has incredible upside for the right buyer. Bring your vision and make it your next project!

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1940

Price Summary

69,900

$62 per Sq. Ft.

MLS #:

R1651751

Last Updated:

December 18, 2025, 04:02 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,120 Sq. Ft.


Structure

Structure

Architectural Style:

Historic Antique, Two Story

Building Area:

1,120 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

5,075


Finances & Disclosures

Finances

Price:

$69,900

Price per Sq. Ft:

$62 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 New York State Alliance Of Mlss All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.