$565,000

7377 State Route 20, Sangerfield NY, 13480

Price per sqft$267.52

Built in1950

Property size2,112 sqft

Property typeCommercial

Overview

Active

Listed Nov 2, 2026

Updated 2 days ago

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.

Additional information

MLS^® ID: S1726700

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.73 Acres

Other Property Details

Taxes: $7,275
Tax Frequency: Annually
Municipality: Not Applicable

Courtesy of The O'Hara Group, Connor Schwartz

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Jennifer Courtney, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 5:22 AM UTC, 11/4/2026