63 Silver St Norwich, NY 13815
Estimated payment $3,213/month
Highlights
- Wood Flooring
- Cooling Available
- Forced Air Heating System
- Furnished
- Tankless Water Heater
- Baseboard Heating
About This Home
A rare TURNKEY, FULLY FURNISHED INCOME OPPORTUNITY, which blends short-term vacation rentals (via Airbnb/VRBO) with extended-stay professional housing. For investors seeking IMMEDIATE INCOME POTENTIAL, HIGHER RENTS THAN TRADITIONAL, AND A NICHE HOUSING MODEL WITH PROVEN DEMAND. The property is an OPERATIONAL, income-producing hospitality asset with multiple demand streams ALREADY IN PLACE. The property is already FULLY RENOVATED, CONFIGURED, and FURNISHED, eliminating the typical startup costs. The property consists of two fully-furnished adjacent residential properties with 5 total units. These adjacent properties offers larger combined capacity for groups or corporate clients and the ability to separate short and long term guests.
EXTENSIVE RENOVATIONS ($300K+) have been completed on the property, including a new roof (63 Silver St), interior framing and sheetrock, new windows/framing and insulation, new installation and renovation of kitchens and baths, new flooring and carpeting, new electric panels and wiring, new plumbing and sewer pipe, new gas pump heating and electric baseboard heaters and on-demand water heaters, new fencing, blacktop driveway, and other improvements. The property received an exterior facelift as part of the City of Norwich's Home Beautification Program (Curb Appeal Program), and is located just around the corner from the city's recently updated Museum District, and close to the hospital and downtown Norwich NY. Typical clients of extended stay rentals in this area include UHS Chenango Memorial Hospital (138-bed regional hospital which just completed a large-scale renovation), NBT Bank, Chobani, and GE Aerospace, Utility Subcontractors, Project-based Workers, as well as insurance placements. There is a high demand for extended stay and traveling nurse/medical staff housing in the area as there are limited rentals and hotels.
Airbnb/VRBO rentals are popular in summer months for local tourism, the Chenango Blues Fest, Gus Macker, Colorscape Chenango, Chobani Fall Harvest Market, Chenango County Fair, and numerous other local events. Cooperstown, Colgate University and state parks and lakes are a short distance away.
Listing Agent
Listing by Howard Hanna Brokerage Phone: 607-226-0663 License #10401220329 Listed on: 06/14/2026
Co-Listing Agent
Listing by Howard Hanna Brokerage Phone: 607-226-0663 License #10401349375
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,454
Year Built
- Built in 1885
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 100x210
- Irregular Lot
- 136.41-2-6
Home Design
- Vinyl Siding
Interior Spaces
- 5 Bedrooms
- 5,486 Sq Ft Home
- 2-Story Property
- Furnished
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- No Garage
- Shared Driveway
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Gas
- Heat Pump System
- Baseboard Heating
- Tankless Water Heater
- Gas Water Heater
Community Details
- 5 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 081100-136-410-0002-007-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,747 | $46,300 | $5,700 | $40,600 |
| 2024 | $3,712 | $46,300 | $5,700 | $40,600 |
| 2023 | $3,550 | $46,300 | $5,700 | $40,600 |
| 2022 | $3,557 | $46,300 | $5,700 | $40,600 |
| 2021 | $3,612 | $46,300 | $5,700 | $40,600 |
| 2020 | $3,516 | $46,300 | $5,700 | $40,600 |
| 2019 | $3,790 | $46,300 | $5,700 | $40,600 |
| 2018 | $3,790 | $46,300 | $5,700 | $40,600 |
| 2017 | $914 | $46,300 | $5,700 | $40,600 |
| 2016 | $928 | $46,300 | $5,700 | $40,600 |
| 2015 | -- | $46,300 | $5,700 | $40,600 |
| 2014 | -- | $46,300 | $5,700 | $40,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2026 06/14/26 | For Sale | $449,900 | -- | $82 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $32,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $2,728 | None Available | |
| Deed | $76,850 | Mark T Delfino | |
| Interfamily Deed Transfer | $29,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $74,891 | Purchase Money Mortgage |
Source: Otsego-Delaware Board of REALTORS®
MLS Number: R1688679
APN: 081100-136-410-0002-007-000-0000
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Ask me questions while you tour the home.