Remarks

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

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Details

MLS#: B1601089
Price: $600,000

Sq Ft: 5204
Year Built: 1960

County: Allegany
Subdivision: Robert Morris Reserve
Lot Size: 420X410
Tax Fee: 8735

School District: Wellsville