See all 40 photos

$565,000

Est. payment - /mo

Save Virtual Tour

2,112 SqFt

New

7377 State Route 20 Waterville, NY 13480

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Abby M. Russell

abby@russellsolutionsre.com +1(607) 846-0456

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $267

MLS Listing ID S1726417

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $7,275

Lot Size 0.730 Acres

Acres 0.73

Lot Dimensions 64X57

Property Sub-Type Other

Property Description

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.

Location

State NY

County Oneida

Area Sangerfield-305489

Rooms

Basement None

Interior

Heating Electric, Baseboard

Flooring Laminate, Varies, Vinyl

Furnishings Furnished

Fireplace No

Appliance Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

Exterior Feature Blacktop Driveway

Community Features Other, See Remarks

Utilities Available Electricity Connected

Roof Type Asphalt

Garage No

Building

Lot Description Irregular Lot

Story 1

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Block,Concrete,Stucco

Construction Status Existing

Schools

School District Waterville

Others

Senior Community No

Tax ID 305489-392-000-0002-033-001-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1726417

Listed by The O'Hara Group

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Abby M. Russell

Licensed Associate Broker License ID: 1030121086

+1(607) 846-0456

7377 State Route 20 Waterville, NY 13480

Abby M. Russell

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

7377 State Route 20