7377 State Route 20, Waterville, NY 13480
Local realty services provided by:HUNT Real Estate ERA
Listed by: connor schwartz, michael jarvi
Office: the o'hara group
MLS#:S1726417
Source:NY_GENRIS
Price summary
- Price:$565,000
- Price per sq. ft.:$267.52
About this home
Investment opportunity in Waterville, NY! Located at 7373 State Route 20, this 8-unit motel offers an established income-producing property with a total of 2,112 square feet. The property features 8 fully furnished units, consisting of 4 studio apartments and 4 efficiency units, currently operating with mid-term leases. All utilities are included in the rent, and tenants enjoy complimentary on-site laundry facilities. Generating an annual gross income of approximately $110,400, this property offers an opportunity for investors seeking an established rental operation. Conveniently located near several major healthcare and educational institutions, including Community Memorial Hospital in Hamilton (12 miles), Wynn Hospital (19 miles), and Colgate University (12 miles), Hamilton College (13 miles), and SUNY Morrisville (14 miles). Crouse Hospital and St. Joseph's Hospital in Syracuse are both approximately 45 miles away. A unique opportunity to own an established multi-unit lodging property in Central New York with convenient access to surrounding communities, colleges, and healthcare facilities....
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Home facts
- Year built:1950
- Listing ID #:S1726417
- Added:8 day(s) ago
- Updated:November 11, 2026 at 04:31 PM
Rooms and interior
- Flooring:Laminate, Varies, Vinyl
- Kitchen Description:Microwave, Refrigerator
- Basement:Yes
- Living area:2,112 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Building area:2,112 sq. ft.
- Lot area:0.73 Acres
- Lot Features:Irregular Lot
- Construction Materials:Block, Concrete, Stucco
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$565,000
- Price per sq. ft.:$267.52
- Tax amount:$7,275
Features and amenities
- Appliances:Microwave, Refrigerator
- Laundry features:Electric Water Heater
- Amenities:Furnished
Parking
- Parking description:No Garage, One Space
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