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507 Seventh St, Olean, NY 14760

$50,000

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Active Price Reduced by $14,900 on April 19th, 2026

BEDS3 BATHS1 full 1 partial SQUARE FEET1,184 MLS#R1666066

STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLOlean

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Property Description

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. We have a quote for the foundation issue for 16K so we have dropped the price to $50k!

507 Seventh St | MLS# R1666066

This single family home located at 507 Seventh St, Olean, NY 14760 is currently listed for sale with an asking price of $50,000. This property was built in 1910 and has 3 bedrooms and 1 full and 1 partial baths with 1184 sq. ft. Seventh St is located within the Olean school district. Search Olean real estate on lnightingale.mjpeterson.com today.

Property Features

Property Type: Residential - Single Family

Basement: Full

Heating: Gas, ForcedAir

Home Style: TwoStory

Lot Size: 0.25 Acres

Stories: 2.0

Taxes: $2,075

Year Built: 1910

Amenities

EatInKitchen

BedroomOnMainLevel

GravelDriveway

Feature Descriptions

Appliances: GasWaterHeater

Days on Site: 12

Exterior: VinylSiding

Flooring: Other, SeeRemarks

Laundry: MainLevel

Lot: Rectangular, RectangularLot, ResidentialLot

Lot Dimensions: 35X128

Parcel#: 041200-94.048-2-16

Parking: NoGarage

Parking Notes: NoGarage

Sewer: Connected

Utilities: SewerConnected, WaterConnected

Water: Connected, Public

Local Schools

School District: Olean

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-378-5055

Shown By

Agent Name: Laura Nightingale
Agent Phone: Cell: (716) 310-9445
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 298.78 per month $111.28 Principal & Interest $172.92 Property Tax $14.58 Homeowner's Insurance

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507 Seventh St, Olean, NY 14760

$50,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 12:20:49 AM EST) or New York State Alliance MLS (last updated Sun 04/19/2026 12:18:47 AM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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507 Seventh St, Olean, NY 14760

Property Description

507 Seventh St | MLS# R1666066

Property Features

Amenities

Feature Descriptions

Local Schools

Listed By / Shown By

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507 Seventh St, Olean, NY 14760

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