Newport NY Commercial for Sale
$425,000
Beaver Rd Newport, NY 36388
- Type:
- Industrial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1979
- Baths:
- MLS#:
- 326732
ADDITIONAL INFORMATION
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. Donâ??t miss this rare opportunity to own a versatile, income-generating property with endless possibilities!
Newport Real Estate
The median home value in Newport, NY is $226,500. This is higher than the county median home value of $164,300. The national median home value is $338,100. The average price of homes sold in Newport, NY is $226,500. Approximately 68.41% of Newport homes are owned, compared to 16.12% rented, while 15.47% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!
Newport, New York has a population of 1,961. Newport is more family-centric than the surrounding county with 26.15% of the households containing married families with children. The county average for households married with children is 24.9%.
The median household income in Newport, New York is $63,583. The median household income for the surrounding county is $60,561 compared to the national median of $69,021. The median age of people living in Newport is 43.1 years.
Newport Weather
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 11.4 degrees. The average rainfall is approximately 46.8 inches per year, with 90.8 inches of snow per year.