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8388 Bay St 3 Unit Apartment Building $1,627,657 CAD ($542,552 CAD/Unit) Sodus Point, NY 14555
Investment Highlights
- Lots of natural light
Executive Summary
Prime LCR-zoned investment opportunity in the Village of Sodus Point, NY. Three Schooners Landing is a turnkey, condo-style three-unit short-term rental property built in 2016 and kept in like-new condition. Each up-and-down unit is identical and fully furnished, including linens, décor, kitchenware, and quality finishes—ready for immediate Airbnb or short-term rental operations.
The property offers 4,300 sq ft of living space across the three units, each featuring its own garage, full basement with egress windows, modern mechanicals, and private entrances. Situated on 0.75 acres, the parcel provides room for potential expansion, with space to add an additional unit subject to approvals.
This is a genuine turnkey package enhanced by extensive recent upgrades that boost guest experience and operational efficiency: a newly built custom property website (www.threeschoonerslanding.com), integrated SEO marketing, Facebook presence, Google Business profile with 5-star reviews, new grills, remote keyless entry, remote thermostats, water-leak detection with auto shutoff, alarm system, and branded marketing materials including drink cozies and coffee mugs.
A significant income advantage transfers to the buyer: the owner already has 123 nights booked for the 2026 season, all of which will convey, including any additional bookings secured prior to closing.
Whether held as a high-performing short-term rental investment, converted to long-term leases, or expanded for increased revenue, this property delivers exceptional flexibility, prime location, and immediate cash-flow potential in one of the Finger Lakes’ most desirable waterfront communities.
The property offers 4,300 sq ft of living space across the three units, each featuring its own garage, full basement with egress windows, modern mechanicals, and private entrances. Situated on 0.75 acres, the parcel provides room for potential expansion, with space to add an additional unit subject to approvals.
This is a genuine turnkey package enhanced by extensive recent upgrades that boost guest experience and operational efficiency: a newly built custom property website (www.threeschoonerslanding.com), integrated SEO marketing, Facebook presence, Google Business profile with 5-star reviews, new grills, remote keyless entry, remote thermostats, water-leak detection with auto shutoff, alarm system, and branded marketing materials including drink cozies and coffee mugs.
A significant income advantage transfers to the buyer: the owner already has 123 nights booked for the 2026 season, all of which will convey, including any additional bookings secured prior to closing.
Whether held as a high-performing short-term rental investment, converted to long-term leases, or expanded for increased revenue, this property delivers exceptional flexibility, prime location, and immediate cash-flow potential in one of the Finger Lakes’ most desirable waterfront communities.
Property Facts
| Price | $1,627,657 CAD | Building Class | B |
| Price Per Unit | $542,552 CAD | Lot Size | 0.75 AC |
| Sale Type | Investment | Building Size | 4,300 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Parking Ratio | 6/1,000 SF |
| Zoning | LCR - Light Commercial Residential | ||
| Price | $1,627,657 CAD |
| Price Per Unit | $542,552 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.75 AC |
| Building Size | 4,300 SF |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 6/1,000 SF |
| Zoning | LCR - Light Commercial Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | 1,400 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 544203-071-119-0018-316-169-0000 | Improvements Assessment | $289,350 CAD |
| Land Assessment | $69,258 CAD | Total Assessment | $358,607 CAD |
Property Taxes
Parcel Number
544203-071-119-0018-316-169-0000
Land Assessment
$69,258 CAD
Improvements Assessment
$289,350 CAD
Total Assessment
$358,607 CAD
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8388 Bay St
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