This meticulously updated turnkey home combines vintage charm with modern amenities

Currently operating as a thriving Airbnb. Interior features new hardwood floors, hand-planed and finished to perfection. The floor plan has been reworked opening the space and 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 and the dining room features a custom wind ow seat. The primary suite on the second floor is a tru retreat with tile shower & open 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.

Request Information
on 616 Washington St
in Olean, NY
Presented by Caitlin Croft at
Heritage Property Source.


Property MLS #B1535356 from NYStateAlliance

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 3

+ Other Rooms

Total Rooms: 10
Basement Description: Full

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1
Bathrooms On Main Level: 1

+ Interior Features

BreakfastBar
SeparateFormalDiningRoom
Furnished
PullDownAtticStairs
SolidSurfaceCounters
BathinPrimaryBedroom
Flooring: Hardwood, Tile, Varies

+ Appliances

Dryer
GasOven
GasRange
GasWaterHeater
Microwave
Refrigerator
Washer
Laundry Features: UpperLevel

+ Heating and Cooling

Heating Features: Gas, ForcedAir
Heating: Yes

+ Exterior and Lot Features

ConcreteDriveway
Patio And Porch Features: Open, Porch
Road Frontage Type: CityStreet

+ Land Info

Lot Description: CornerLot, ResidentialLot
Lot Size Acres: 0.107438
Lot Size Dimensions: 78X60
Lot Size Square Feet: 4680

+ Garage and Parking

Garage Spaces: 1
Garage Description: Detached, Electricity
Parking Features: Detached, Electricity

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: Olean
High School District: Olean
Middle or Junior School District: Olean
+ Display Complete School Details

Olean Senior High School is a public middle and high school located approximately 0.2 miles away.
Map directions

Olean Middle School is a public elementary and middle school located approximately 0.3 miles away.
Map directions

Southern Tier Catholic School is a private elementary and middle school located approximately 0.5 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 2462
Source Listing Status: Pending
County: Cattaraugus
Cross Street: 6th
Directions: From W. State Street to N. 6th St. Make a left onto Washington, home is on the corner. Driveway is on Washington.
Source Property Type: Residential
Area: Olean-City-041200
Source Neighborhood: Olean-City-041200
Parcel Number: 041200-094-064-0004-043-000-0000
Postal City: Olean
Property Subtype: SingleFamilyResidence
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$11,300 + $3,700 $15,000	$2,219
2022	$11,300 + $3,700 $15,000	$586
2021	$11,300 + $3,700 $15,000	$594
2020	$11,300 + $3,700 $15,000	$1,292
2017	$11,300 + $3,700 $15,000	$5,211
2016	$55,200 + $3,700 $58,900	$2,361
2015	$55,200 + $3,700 $58,900	$2,312
2014	$55,200 + $3,700 $58,900	$2,229
2014	$55,200 + $3,700 $58,900	$2,261
2013	$55,200 + $3,700 $58,900	$2,170
2012	$55,200 + $3,700 $58,900	$1,473
2011	$55,200 + $3,700 $58,900	$1,456
2010	$55,200 + $3,700 $58,900	$2,297
2009	$4,810 + $1,090 $5,900	$1,622
2007	$4,810 + $1,090 $5,900	$2,480

+ Reveal Property Sale History

Listed 2024-05-02
$174,500
NYStateAlliance

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Listing removed 2024-05-01
$174,500
NYStateAlliance

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Listed 2024-04-21
$174,500
NYStateAlliance

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Listing removed 2023-09-01
$159,000
Chautauqua-Cattaraugus

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Price Changed 2023-05-03
$159,000
Chautauqua-Cattaraugus

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Price Changed 2023-04-05
$169,000
Chautauqua-Cattaraugus

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Listed 2023-03-08
$179,000
Chautauqua-Cattaraugus

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Sold 2016-11-10
$7,100
NYStateAlliance

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Price Changed 2016-09-13
$4,500
NYStateAlliance

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Price Changed 2016-09-02
$7,500
NYStateAlliance

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Price Changed 2016-08-11
$10,000
NYStateAlliance

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Price Changed 2016-07-27
$28,200
NYStateAlliance

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Price Changed 2016-06-23
$30,550
NYStateAlliance

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Price Changed 2016-06-08
$32,900
NYStateAlliance

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Price Changed 2016-04-22
$35,250
NYStateAlliance

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Listed 2016-03-15
$37,600
NYStateAlliance

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Sold 2004-08-24
$56,000
Public Record

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Sold 2000-03-03
$50,000
Public Record

+ Building and Construction

Total Square Feet Living: 1666
Year Built: 1910
Building Area Source: PublicRecords
Building Area Total: 1666
Construction Materials: FiberCement
Foundation Details: Block, Stone
Levels: Two
Property Age: 114
Property Condition: Resale
Roof: Asphalt, Shingle
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: TwoStory, Traditional

+ Utilities

Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public