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0 Route 16 N , Olean, NY 14760

$14,999

1
beds
1
baths
2,004
sqft
1947
year built

INVESTMENT OPPORTUNITY!! This property is being sold "as-is" and has .5 acres. The lower level that can serve as a garage, workshop or additional living space. While the upstairs has one bedroom, and one bathroom that offers great potential for refinishing into a living space, rental opportunity, studio, or private retreat.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1947
  • 0.5 Acre Lot
  • 2 Car Garage
  • 76 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1947
  • Stories
    2.0
  • Architectural Style
    Two Story
  • Construction Materials
    Other, Block, Concrete
  • Foundation
    Block
  • Garage Spaces
    2.0
  • Parking Features
    Gravel, Attached, Garage
  • Living Area
    2004.0
  • Interior Features
    See Remarks, Other
  • Flooring
    Other, See Remarks
  • Cooling
    Other
  • Heating
    Natural Gas, See Remarks, Other
  • Basement
    None

  • Acres
    0.5
  • Lot Features
    Rectangular Lot, Other, See Remarks
  • Water
    Private, Well


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Frequently Asked Questions

How do I schedule a tour of 0 Route 16 N?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 0 Route 16 N.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 0 Route 16 N?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $14,999. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Olean, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 0 Route 16 N?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 0 Route 16 N at around $462. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 0 Route 16 N?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cattaraugus County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 0 Route 16 N?

In most cases, yes. Whether 0 Route 16 N is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Olean's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 0 Route 16 N?

We can handle that for you. Our preferred local agent specializes in residentials in Olean and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $14,999 with 2,004 sqft of space—that comes out to approximately $7 per square foot.

How long has this property been on the market?

0 Route 16 N was listed on August 27, 2026, which means it's been on the market for 76 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1947, making it approximately 79 years old.

What is the lot size of this property?

0 Route 16 N sits on a 0.5-acre lot, which is 21,780 square feet.

What are the property taxes for 0 Route 16 N?

The most recent public record shows annual property taxes for 0 Route 16 N were approximately $4,520. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 0 Route 16 N still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Upstate New York Real Estate Information Services (UNYREIS). All rights reserved.

Last Updated: November 11, 2026 at 02:56AM | Source: Upstate New York Real Estate Information Services (UNYREIS) | MLS#: R1710386