Active
MLS# B1601089
$380,000
Price
-
Beds
-
Baths
5,204
Living Area (Sq.Ft.)
2.4
Lot Area (Acres)
$380,000
Price
-
Beds
-
Baths
5,204
Living Area (Sq.Ft.)
2.4
Lot Area (Acres)
19-Unit Motel with Owner's Quarters | Prime Rental Income Potential! <br> <br>Unlock multiple possible streams of passive income with this rare opportunity, ideally located on a high-traffic bus route between Olean and Wellsville NY. <br> <br>This property includes 19 rentable units — featuring 11 single rooms, 5 double rooms, and 1 spacious suite. All with first floor access. <br> <br>Perfect for investors seeking short-term rentals, long-term leasing, or hospitality income, this property is ready to operate immediately. Bonus: A private 2-bedroom owner’s residence is located on-site, has live-in management potential. All units have ground-level access for easy entry and guest comfort. <br> <br>Enjoy breathtaking, panoramic country views that stretch for miles — a unique selling point for travelers and renters alike. Whether you're expanding your rental portfolio or launching a new venture, this property represents an unbeatable opportunity for cash flow. <br> <br>Key Features: <br> <br>19 total rental units <br>2-bedroom owner's living quarters <br>On bus route for easy accessibility <br>Scenic views in a peaceful setting <br>Versatile use: Motel, Airbnb, long-term housing <br> <br>Ideal for: <br> <br>Real estate investors looking to explore the following ideas: <br>Short-term rental operators (Airbnb/VRBO) <br>or <br>Owner-operators seeking live/work opportunity <br>Hospitality entrepreneurs <br> <br>#RealEstateInvestment #PassiveIncome #MultiUnitProperty #TurnkeyBusiness #MotelForSale #AirbnbOpportunity #CashFlowProperty #IncomeProperty #RentalIncome #UpstateNYRealEstate #InvestorSpecial #OleanNY #WellsvilleNY #RealEstateOpportunity #LiveWorkProperty
Status
Active
Property Type
CommercialSale
Property Sub Type
--
Year Built
1960
Parcel Number
026600-237-000-0001-026-003-0000
Unit Number
--
Subdivision Name
Robert Morris Reserve
Lot Features
Rectangular, Rectangular Lot
Levels
One
Lot Size Dimensions
420X410
Stories
1
Property Condition
Resale
Elementary School District
Wellsville
Middle Or Junior School District
Wellsville
High School District
Wellsville
Location

Listing Agent
Alicia Wittman
Listing Office
WNY Metro Roberts Realty
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Rehab Financing
Documents Available
Survey
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-04-20
Fire Places Total
0
Cooling
true
Cooling Features
OneUnit
Heating
true
Heating Features
Electric, Individual
Garage
--
Garage Spaces
--
Water Source
Well
Sewer
SepticTank
Roof
Asphalt, Metal
Parking Total
75
No schools found

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.