7377 US-20

Sangerfield NY 13480

2112 sq. ft.

31799 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

2112 sq. ft. floor area

31799 sq. ft. lot size

Other

Property history for 7377 US-20

2025

Sold

$165,000

25 Jun 2025 by Derek Eisenberg, of Continental Real Estate Group

Happy sellers in Sangerfield

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