USANYWellsvilleRobert Morris Reserve5081 Bolivar Rd
5081 Bolivar Rd, Home with 0 bedrooms, 0 bathrooms and 75 parking in Wellsville NY | Image 1
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$550,000

5081 Bolivar Rd, Wellsville, NY

Real Estate

For Sale

$--,---,---
0075
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 5204 sqft
Garage No
Maintenance Fees 
Taxes $8,735
Days Active 101
Approx. Age 1960
Avg. Price Per Sqft $105
MLS® Number B1601089

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 #LiveWorkPropertyShow Description
MLS® NumberB1601089
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Individual
A/COne Unit
Heating Fuel

Extras

Land and Building

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