Skip to main contentSkip to navigation
1 / 35
Images
Map
Street

Improved Residential Land for Sale in Wellsville, New York

5081 Bolivar Rd, Wellsville, NY 14895

$380,000
2.4 acres
Active
$170k drop
Est $2,590/mo

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

5,204
Sq feet
1960
Built

Location

Street address
5081 Bolivar Rd
Community
Robert Morris Reserve
School district
Wellsville
Elevation
1,913 feet
Coordinates
42.1089, -78.019

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

DateEventPriceChangeSource
Oct 6, 2025Price drop$380,000$170,000 -30.9%NYSAMLS
July 10, 2025Price drop$550,000$50,000 -8.3%NYSAMLS
Apr 21, 2025New listing$600,000NYSAMLS
Subscribe to listing updates

Payment calculator

This 2.4-acre property is located at 5081 Bolivar Rd in Wellsville, NY 14895. The property is available for sale for $380,000. It has a 5,204 sq ft structure built in 1960.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 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.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact