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    Turnkey Studio Apartment Building Title is generated by Realmo AI

    7373 Rt 20, Waterville, NY 13480

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    For Sale
    $599,900

    COMMERCIAL - Waterville, NY

    Property size:
    2,112 SF
    Price / SF:
    $284/SF
    Added:
    Apr 3, 2026
    Days on Market:
    72
    Last Refresh:
    Jun 13 at 7:06 pm

    Property Features for 7373 Rt 20

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Res A
    Parking
    16
    Parking features
    Paved or Surfaced
    Interior features
    BedroomOnMainLevel
    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
    Baseboard, Electric (Heating)
    Water source
    Well

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    8
    Building materials
    AtticCrawlHatchwaysInsulated
    Roof type
    Shingle, Asphalt

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    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 Apr 3, 2026

    MLS# S1670640

    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 studio units currently operating as an Airbnb; all furnished with supplies and contents included
    • Unit mix & income: 4 larger studios (#1, #2, #7, #8) at $1,050/mo ($675 weekly) and 4 studios (#3–#6) at $850/mo ($500 weekly)
    • Guests pay a $150/unit cleaning fee per stay; not included in gross annual income
    • Updates: new privacy fence and water softener in 2025; brand new electronic door locks for each unit in 2026; all hot water tanks less than 5 years old
    • On‑site amenities: laundry on site, high‑speed internet with an eero boost system, and all units include A/C window units
    • Utilities & exterior: well water, septic tank, shingle/asphalt roof, and a huge blacktop parking lot with ample space for each unit (new in 2020)

    Overview

    This turnkey studio apartment building features eight fully furnished units currently operating as a successful Airbnb. Each studio includes a full bath and is equipped with a refrigerator, stove, microwave, and flat screen TV, along with an A/C window unit for guest comfort. The property also offers on-site laundry, high-speed internet supported by an eero boost system, and a large blacktop parking lot designed to provide ample space for each unit. A $150 cleaning fee is charged to guests per unit per stay and is not included in the gross annual income. Recent and ongoing improvements include a new privacy fence and water softener in 2025, brand new electronic door locks for each unit in 2026, and hot water tanks that are less than five years old.

    Located at 7373 Rt 20 in Waterville, NY, the property benefits from nearby demand driven by Hamilton College, Colgate University, and Morrisville College, all within 15 miles. The quaint Village of Waterville is also about five minutes away.

    For investors or owner-operators looking to create or expand an income portfolio, this configuration offers a straightforward, turnkey operating model with consistent unit amenities, individual electronic entry, and practical guest support through laundry and parking. The current short-term rental operation and the included furnishings and supplies can help reduce setup friction for qualified buyers seeking a similar hospitality-focused strategy, with the property designated under Res A zoning.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

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

    FAQs

    What type of property is this?
    Short term rental property - A fully furnished, eight-studio setup operating as a profitable Airbnb with strong in-unit amenities and on-site conveniences.
    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 studio units currently operating as an Airbnb; all furnished with supplies and contents included; Unit mix & income: 4 larger studios (#1, #2, #7, #8) at $1,050/mo ($675 weekly) and 4 studios (#3–#6) at $850/mo ($500 weekly); Guests pay a $150/unit cleaning fee per stay; not included in gross annual income
    More about this property
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