7373 Rt 20
Property Description
Attention business minded individuals looking to create or add to their investment portfolio to improve their financial assets. This pristine kept, turnkey property is currently operating as a successful Airbnb. 8 studio apts fully furnished with all supplies & contents included, consisting of 4 larger units, #'s 1,2,7 & 8 generating $1250.00 per month, $675.00 weekly rate, all include full baths, refrigerators, stoves, microwaves & flat screen TV's . Unit #'s 3,4,5 & 6 generating $1050.00 per month, $500.00 weekly rate, all include full baths, refrigerators, microwaves & flats screen TV's. All apts include an A/C window unit. A $150.00 cleaning fee is charged to guests per unit per stay & is not included in the gross annual income. Current owner attributes the success of his business partly to the proximity to Hamilton College, Colgate University & Morrisville College, all within 15 miles from his & the influx of people it attracts as well as other professional who gravitate to a convenient country location. Additionally the quaint Village of Waterville is only within 5 minutes. Updates to include new privacy fence & water softener both in 2025, brand new electronic door locks for each unit in 2026 & all hot water tanks less than 5yrs old. Added features & benefits include laundry on site, high speed internet with an eero boost system giving all guests equal functioning power & a huge blacktop parking lot with ample space for each unit or more, new in 2020
Broker Details
Assist2Sell Buyer's & Seller's 1st Choice (315) 735-9244
MLS ID: mbell State License Number: 40BE1090095
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $549,000 |
| No. of Units: | 8 |
| Year Built: | 1950 |
| Lot Size: | 2,112.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $68,625 |
| Property Website | Click Here |
| Number of Bedrooms: | 1 |
| Number of Bathrooms: | 0 |
ID: 3yd-BNARNY-S1711975
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1060 39th Street
Brooklyn, New York
507 Delaware Avenue
Portland, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout