5,204 SqFt
5,204 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,204 sqft
Price per Sqft $105
Subdivision Robert Morris Reserve
MLS Listing ID B1601089
Construction Status Existing
HOA Y/N No
Year Built 1960
Annual Tax Amount $8,735
Lot Size 2.400 Acres
Acres 2.4
Lot Dimensions 420X410
Property Description
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
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Location
State NY
County Allegany
Community Robert Morris Reserve
Area Scio-026600
Zoning 415
Direction Route 417 towards Wellsville
Interior
Heating Electric, Individual
Cooling 1 Unit
Inclusions Land and Building
Fireplace No
Exterior
Roof Type Asphalt,Metal
Total Parking Spaces 75
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Septic Tank
Water Well
Level or Stories One
Construction Status Existing
Schools
School District Wellsville
Others
Tax ID 026600-237-000-0001-026-003-0000
Acceptable Financing Cash, Rehab Financing
Listing Terms Cash, Rehab Financing
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
michael.miceli@westlightrealestate.com
19 Mccracken Drive, Oswego, New York, 13126, USA