7373 Route 20, Madison, NY, 13402

About This Home

Price drastically reduced! 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 $1050.00 per month, $675.00 weekly rate, all include full baths, refrigerators, stoves, microwaves & flat screen TV's . Unit #'s 3,4,5 & 6 generating $850.00 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 new in 2020