$550,000
About this home
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
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.
- Real estate (PITI + HOA + PMI)
- $5,172
- Utilities
- $2,839
- Transportation
- $0
- Other (entertainment)
- $133
Quick facts
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 14895
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 10,411 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -8.00% | 8.00% | 20.00% |
| Population Density | 92 | 395 | — |
| Male | 5,031 | 9,381,926 | 147,432,321 |
| Female | 5,381 | 9,969,168 | 151,655,844 |
| Never Married | 2,058 | 4,946,391 | 63,775,926 |
| Married | 4,516 | 7,166,701 | 123,120,365 |
| Separated | 451 | 1,159,673 | 12,639,686 |
| Widowed | 784 | 1,110,245 | 15,467,586 |
| Divorced | 843 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 3,999 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.52 | 2.64 | 2.60 |
| Medial Age | 39.87 | 36.53 | 35.46 |
| Median House Hold Income | $34,628 | $49,847 | $48,276 |
| Average House Hold Income | $47,235 | $70,032 | $63,629 |
| P C I | $18,958 | $26,569 | $24,529 |
| M D I | $30,603 | $42,210 | $41,133 |
| A T H E | $42,068 | $54,185 | $50,898 |
| S T R | 8.50% | 4.00% | — |
| W C J | 79.97% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 4/21/2025. Provided courtesy of WNY Metro Roberts Realty via Buffalo MLS. Information deemed reliable but not guaranteed.