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Property at 469 N Branch Road, Eldred, PA 16731
CLOSED
0
$334,900

469 N Branch RoadEldred, PA, 16731

6 Beds2 Baths1,326 SqFt62.5 Acres
Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1 bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000– $40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33 minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far out as it feels.
1 / 50

Est. Monthly

$1,587/MO

$334,900

469 N Branch Road, Eldred, PA

6 Beds2 Baths1,326 SqFt62.5 Acres

Unlock the potential of this exceptional multi-faceted property, offering immediate rental income, a move-in ready primary residence, and substantial land value. The centerpiece is a fully renovated single-family home featuring three bedrooms (with potential for a 4th) and a modernized full bath. Designed for longevity and low maintenance, the house underwent a complete renovation 8 years ago, including new wiring, heating system, roof, siding, windows, and partial foundation work. The first-floor laundry and two main-level bedrooms offer convenient single-level living. The investment portfolio also includes a 1994 single-wide mobile home (3 bed/1 bath), providing a second stream of rental income. Both dwellings are currently occupied by tenants and equipped with independent water softeners. (Tax ID #20-001-118-02A) Beyond the homes lies 58.75 acres (Tax ID #20-001-118-01) of expansive land enrolled in the Clean & Green program for tax efficiency. This parcel is not just scenic; it also holds significant tangible value, with an official March 2025 timber estimate of $35,000– $40,000 for the standing timber. Whether you are an investor seeking a diversified asset or an owner-occupant looking for a homestead that pays for itself, this property delivers. This property is conveniently located 33 minutes from Allegheny National Forest, 43 minutes from Holiday Valley in Ellicottville, about one hour from Cherry Springs State Park Astronomy Observation, and just 20 minutes South of Olean. This location is not as far out as it feels.

StatusClosed
Property TypeResidential
Property SubtypeMulti Family
Year Built1930
Days on Market100 days

Est. Monthly Payment

$1,587.42

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

469 N Branch Road

Eldred, PA 16731 • McKean
6
Beds
2
Baths
1,326
SqFt
62.5
Acres
Status
Closed
Property Type
Residential
Property Subtype
Multi Family
Year Built
193096 years ago
Days on Market
100 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $1,797
Property History
  • Closed
    Apr 1, 2026 • NYSAMLS • R1655499
    $334,900
  • Listed for sale
    Dec 22, 2025 • NYSAMLS • R1655499
    $334,900
Mortgage Calculator
Estimated monthly payment for this property
$1,587.42
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1655499
  • Listing Office
    Howard Hanna Professionals - Olean
  • Last Updated
    83 days ago

Appliances

  • Appliances
    • Electric Water Heater
    • Water Softener Owned

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Carpet
    • Varies
    • Vinyl
  • Basement
    Full
  • Interior Features
    Ceiling Fans

Parking

  • Parking Features
    • Gravel
    • Parking Available
    • Two Or More Spaces

Lot & Grounds

  • Lot Size
    62.5 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Secluded
    • Wooded
  • Patio & Porch
    • Covered
    • Porch

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    • Vinyl Siding
    • Copper Plumbing
    • Pex Plumbing
  • Roof
    Metal
  • Foundation
    • Block
    • Poured

Condition

  • Year Built
    1930
  • Condition
    Resale
  • Days on Market
    100 days
  • Water
    Well
  • Sewer
    Holding Tank
  • Electric
    Circuit Breakers
  • Utilities
    • Cable Available
    • Electricity Connected
    • High Speed Internet Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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