INVESTMENT OPPORTUNITY - MOTEL WITH 10 ROOMS PLUS OWNER'S SUITE - A fantastic opportunity to start a new chapter in your life! This inviting, well-kept motel in a prime central business location offers a turnkey investment. It features ten rooms plus owner's living quarters. The front building includes the owner's suite and four additional rooms, while the back building houses six more rooms. The spacious owner's suite, located on the first floor of the main building, includes a large open kitchen with dining area and oak cabinets with ample workspace, a living room and den/office separated by French doors, two bedrooms, a full bath, a half bath, and a laundry area. It has gas forced air heating and central air conditioning on the first floor, with gas hot water baseboard heating on the second floor. The one-story brick building features six rooms with similar layouts, all heated by gas hot water baseboard. Each room comes with a refrigerator, microwave, and coffee maker. The metal roof is in good condition with plenty of remaining life, and the paved parking lot easily accommodates ten vehicles. The Kane area offers plenty of recreational activities including hunting, fishing, boating, and snowmobiling, along with local attractions including the Kinzua Dam and Allegheny Reservoir, Kinzua Bridge State Park, and the Knox Kane Rails to Trails.
2,776 Sq Ft
0.39 Private Acres Lot Size
investment
$5,286 Annual Tax
Built in 1900
MLS/Listing ID R1632912
2 Stories
11 Units
Carpet
Heating - Hot Water
Heating - Gas
Heating - Forced Air
Vinyl
Construction - Aluminum Siding
Dishwasher
Dryer
Gas Oven
Gas Range
Gas Water Heater
Refrigerator
Washer
Metal
Parking - No Garage
Parking - Threeormore Spaces
Lot - Corner Lot
Lot - Irregular Lot
Blown-in Insulation
TOTAL MONTHLY COST
$0
$0
$0