About 5081 Bolivar Road
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 â 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 ownerâs 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 â 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
Features of 5081 Bolivar Road
| MLS® # | B1601089 |
|---|---|
| Price | $380,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,204 |
| Square Footage | 104544 |
| Acres | 2.40 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 5081 Bolivar Road |
|---|---|
| Area | Scio |
| Subdivision | Robert Morris Reserve |
| City | Scio |
| County | Allegany |
| State | NY |
| Zip Code | 14895 |
Amenities
| Features | Rectangular, Rectangular Lot |
|---|---|
| Parking Spaces | 75 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Individual |
|---|---|
| Cooling | 1 Unit |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Rectangular, Rectangular Lot |
|---|---|
| Roof | Asphalt, Metal |
School Information
| District | Wellsville |
|---|
Additional Information
| Zoning | 415 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | WNY Metro Roberts Realty |
|---|---|
| Contact Info | 716-239-9001 |
