|
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.
| DAYS ON MARKET | 3 | LAST UPDATED | 11/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Sangerfield-305489 |
| COUNTY | Oneida | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Sangerfield-305489 |
|---|---|
| CONSTRUCTION | Block |
| HEAT | Baseboard, Electric |
| HOA DUES | Apartment |
| LOT | 0.73 acre(s) |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 64X57 |
| SEWER | Septic Tank |
| STORIES | 1 |
| TAXES | 7275 |
| UTILITIES | Electricity Connected |
| ZONING | Other - See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Joanne
Smith to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by: Connor Schwartz, The O'Hara Group
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the New York State Alliance, powered by New York State Alliance. Real estate listings held by firms other than the owner of this site, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.
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) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 New York State Alliance. All rights reserved
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) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 New York State Alliance. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.