
Improved Residential Land for Sale in Wellsville, New York
5081 Bolivar Rd, Wellsville, NY 14895
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
- Street address
- 5081 Bolivar Rd
- County
- Allegany County
- Community
- Robert Morris Reserve
- School district
- Wellsville
- Elevation
- 1,913 feet
Property details
- Acreage
- 2.4 acres
- MLS #
- NYSAMLS B1601089
- Posted
Property taxes
- Recent
- $8,735
Parcels
- 026600-237-000-0001-026-003-0000
Details and features
Listing
- Type
- Residential
Lot
- Features
- Rectangular, Rectangular Lot
Exterior
- Parking Spaces
- 75
Structure
- Stories
- 1
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Electric
- Roof
- Asphalt, Metal
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 6, 2025 | Price drop | $380,000 | $170,000 -30.9% | NYSAMLS |
| July 10, 2025 | Price drop | $550,000 | $50,000 -8.3% | NYSAMLS |
| Apr 21, 2025 | New listing | $600,000 | — | NYSAMLS |


































