Great potential investment for a contractor! Much of this remodel is already complete: New siding, roof, insulation, plumbing, electrical, windows, doors, and hot water tank. Roughed out for three bedrooms, 1.5 baths and first floor laundry. Front porch done with long lasting composite flooring. Needs someone with vision to finish it. Located close to restaurants and stores.
Foundation issue: we have a quote for 16K and 19K to repair it.
Someone cut the electric wires for no reason other than mean spirited vandalism.
New Furnace was paid for and never installed.
Price reflects these issue.
Foundation issue: we have a quote for 16K and 19K to repair it.
Someone cut the electric wires for no reason other than mean spirited vandalism.
New Furnace was paid for and never installed.
Price reflects these issue.
Property Details
Price:
$25,000
MLS #:
R1666066
Status:
Pending
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
oleancity041200
Listed Date:
Apr 7, 2026
Finished Sq Ft:
1,184
Total Sq Ft:
1,184
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1910
See this Listing
Schools
School District:
Olean
Interior
Appliances
Gas Water Heater
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Flooring
Other, See Remarks
Heating
Gas, Forced Air
Interior Features
Eat In Kitchen, Bedroom On Main Level
Laundry Features
Main Level
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Two Story
Construction Materials
Vinyl Siding
Exterior Features
Gravel Driveway
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
No Garage
Stories
2
Financial
Taxes
$2,075
Map
Community
- Address507 N Seventh St Olean NY
- CityOlean
- CountyCattaraugus
- Zip Code14760
Market Summary
Current real estate data for Single Family in Olean as of Jul 19, 2026
78
Single Family Listed
98
Avg DOM
93
Avg $ / SqFt
$144,578
Avg List Price
Property Summary
- 507 N Seventh St Olean NY is a Single Family for sale in Olean, NY, 14760. It is listed for $25,000 and features 3 beds, 2 baths, and has approximately 1,184 square feet of living space, and was originally constructed in 1910. The current price per square foot is $21. The average price per square foot for Single Family listings in Olean is $93. The average listing price for Single Family in Olean is $144,578.
Similar Listings Nearby
Courtesy of EXP-Premier Listings Team. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 507 N Seventh St
Olean, NY