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Turnkey Waterville Multifamily Investment Property

7373 Rt 20, Waterville, NY 13480

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For Sale

$599,900

MULTI_FAMILY - Waterville, NY

Property size:

2,112 SF

Price / SF:

$284/SF

HighLights

8 fully furnished studio apartments operated as an Airbnb, each with full bath and kitchen appliances
Rental income details provided: Units 1, 2, 7 & 8 at $1,050/mo; Units 3, 4, 5 & 6 at $850/mo
On‑site updates: privacy fence and rented water softener installed in 2025; new electronic door locks for each unit planned for 2026
All units include A/C window units, plus eero boost high‑speed internet and on‑site laundry
Large blacktop parking lot added in 2020 with ample space for each unit
Utilities and services: well water and septic tank; asphalt shingle roof; electric heating with baseboard and window A/C units

We can help!

Listing Contact

Martin C. Bell

Learn more

For Sale

$599,900

MULTI_FAMILY - Waterville, NY

Property size:

2,112 SF

Price / SF:

$284/SF

Added:: Mar 2, 2026
Days on Market:: 103
Last Refresh:: Jun 13 at 7:06 pm

Property Features for 7373 Rt 20

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 1
Rooms: Bedroom 1
Parking features: Driveway, Garage
Exterior features: BlacktopDriveway, Fence
Fencing: Fenced
Appliances: ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, WaterSoftenerRented
Standard status: Active
APN: 392.000-2-33.1
Size: 2,112 SF

Taxes and HOA fees

Tax Annual Amount: 7276

Utilities

Sewer type: Septic Tank
Heating system: Electric (Heating), Baseboard
Cooling system: Window Unit(s)
Water source: Well

Building Details

Year built: 1950
Floors in Building: 1
Number of units: 8
Flooring type: Tile, Varies, Laminate
Building materials: AtticCrawlHatchwaysInsulated, Brick
Roof type: Asphalt, Shingle

We can help!

Listing Contact

Martin C. Bell

Listing agent Martin C. Bell License #40BE1090095

Listing office Assist2Sell Buyers & Sellers 1st Choice 2704 Genesee St, Utica, NY

Listing date Mar 2, 2026

MLS# S1663739 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

8 fully furnished studio apartments operated as an Airbnb, each with full bath and kitchen appliances
Rental income details provided: Units 1, 2, 7 & 8 at $1,050/mo; Units 3, 4, 5 & 6 at $850/mo
On‑site updates: privacy fence and rented water softener installed in 2025; new electronic door locks for each unit planned for 2026
All units include A/C window units, plus eero boost high‑speed internet and on‑site laundry
Large blacktop parking lot added in 2020 with ample space for each unit
Utilities and services: well water and septic tank; asphalt shingle roof; electric heating with baseboard and window A/C units

Overview

This turnkey multifamily property in Waterville, NY, is currently operating as a successful Airbnb. It features eight studio apartments, fully furnished and equipped. Four larger units (#'s 1, 2, 7 & 8) generate $1050.00 per month or $675.00 weekly, and include full baths, refrigerators, stoves, microwaves, and flat-screen TVs. The other four units (#'s 3, 4, 5 & 6) generate $850.00 per month or $500.00 weekly, and include full baths, refrigerators, microwaves, and flat-screen TVs. Each apartment has an A/C window unit. The property's success is attributed to its proximity to Hamilton College, Colgate University, and Morrisville College, all within 15 miles. The Village of Waterville is within 5 minutes. Updates include a new privacy fence and water softener in 2025, new electronic door locks for each unit in 2026, and hot water tanks less than 5 years old. Additional features include on-site laundry, high-speed internet with an eero boost system, and a large blacktop parking lot installed in 2020. The property size is 2112 square feet.

Location Intelligence

Current Use by Public Records

Short term rental ...

Map

City: Waterville
County: Oneida
State: New York
Longitude: -75.399805
Latitude: 42.916642

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What type of property is this?

Short term rental property - Fully furnished 8-unit multifamily property operating as a successful Airbnb.

Where is this short term rental property located?

The property is located at 7373 Rt 20 Waterville, NY.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: 8 fully furnished studio apartments operated as an Airbnb, each with full bath and kitchen appliances; Rental income details provided: Units 1, 2, 7 & 8 at $1,050/mo; Units 3, 4, 5 & 6 at $850/mo; On‑site updates: privacy fence and rented water softener installed in 2025; new electronic door locks for each unit planned for 2026

7373 Rt 20, Waterville, NY 13480

MULTI_FAMILY - Waterville, NY

Property Features for 7373 Rt 20

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Turnkey Studio Apartment Building

Restaurant, Store, and Gas Station

Landmark Building Near Waterville, NY

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