First time listed! Cooperstown School and Cooperstown postal code. This exceptional investment property spans 2 acres and includes a contemporary 3BR, 2-bath home, plus 1 BR Apartment with 1 hotel room lockoff, and an additional 4-hotel unit building. With a swimming pool and a rich history as the renowned Gateway Inn and Suites, this property offers incredible short-term rental potential. Live in the spacious home while renting out the other 6 units for a steady income stream. Donât miss this rare opportunity to own a versatile, income-generating property with endless possibilities!
Newport is located in New York. Newport, New York has a population of 2,221. Newport is more family-centric than the surrounding county with 29.3% of the households containing married families with children. The county average for households married with children is 23.78%.
The median household income in Newport, New York is $51,701. The median household income for the surrounding county is $49,077 compared to the national median of $57,652. The median age of people living in Newport is 41.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 48.4 inches per year, with 97.5 inches of snow per year.