$449,900

63 Silver St Norwich, NY 13815

Estimated payment $3,213/month

Total Views 511
5 Beds
-- Bath
5,486 Sq Ft
$82 Price per Sq Ft

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

Deborah Sutton

Listing by Howard Hanna Brokerage Phone: 607-226-0663 License #10401220329 Listed on: 06/14/2026

Howard Hanna

Co-Listing Agent

Michelle Collins

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,454

Year Built

Built in 1885

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Year Built: 1885
  • Attribution Contact: 607-226-0663
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ODUSA1
  • Co List Office Phone: 607-336-8080
  • Directions: From downtown Norwich, travel north on N. Broad St (State Route 12) to right on Rexford St. (State Route 23 W and Museum District), then right on Silver St. Property on right.
  • Flooring: Carpet, Hardwood, Luxury Vinyl, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, See Remarks, Tankless Water Heater
  • Basement: Full, Partial, Walk-Out Access
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Fiber Cement, Other, Vinyl Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage, Shared Driveway

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Norwich

Lot Info

  • Parcel Number: 081100-136-410-0002-007-000-0000
  • Lot Dimensions: 100X210
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 136.41-2-6

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9454.0
  • Tax Lot: 7

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Otsego-Delaware Board of REALTORS®

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 --
Source: Public Records

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: Public Records

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1688679

Otsego-Delaware Board of REALTORS®

APN: 081100-136-410-0002-007-000-0000

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