For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
5,204
acreage
Acreage
2.4
open houses
Open Houses
-
year built
year built
1960
full baths
Full Baths
0
half baths
Half Baths
0
19-Unit Motel with Owner's Quarters | Prime Rental Income Potential! Unlock multiple possible streams of passive income with this rare opportunity, ideally located on a high-traffic bus route between Olean and Wellsville NY. This property includes 19 rentable units — featuring 11 single rooms, 5 double rooms, and 1 spacious suite. All with first floor access. 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. 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. Key Features: 19 total rental units 2-bedroom owner's living quarters On bus route for easy accessibility Scenic views in a peaceful setting Versatile use: Motel, Airbnb, long-term housing Ideal for: Real estate investors looking to explore the following ideas: Short-term rental operators (Airbnb/VRBO) or Owner-operators seeking live/work opportunity Hospitality entrepreneurs #RealEstateInvestment #PassiveIncome #MultiUnitProperty #TurnkeyBusiness #MotelForSale #AirbnbOpportunity #CashFlowProperty #IncomeProperty #RentalIncome #UpstateNYRealEstate #InvestorSpecial #OleanNY #WellsvilleNY #RealEstateOpportunity #LiveWorkProperty
Location
Subdivision Robert Morris Reserve
County Allegany
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: B1601089
Listing agent: Alicia Wittman #10301219240
Listing broker: Wny Metro Roberts Realty (716) 480-3049
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 22 2025 at 2:42 p.m. EDT
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