$370,000
$399,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3,725 SqFt
SOLD DATE : 04/29/2025
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,725 sqft
Price per Sqft $99
MLS Listing ID R1558204
Sold Date 04/29/25
Bedrooms 2
Construction Status Existing
HOA Y/N No
Year Built 1979
Annual Tax Amount $7,483
Lot Size 2.640 Acres
Acres 2.64
Lot Dimensions 644X376
Property Sub-Type Commercial
Property Description
Live in the main home and short term or long term rent the attached 2 br apartment, studio apt and 2 hotel units located in second building. 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 2 apartment, 1 hotel room and an additional 2- hotel units 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 4 units for a steady income stream. Don't miss this rare opportunity to own a versatile, income-generating property with endless possibilities!
Location
State NY
County Otsego
Area Middlefield-363889
Direction I88 to exit 17, 28 North to Milford, Right at light, left on county 33, pass Omegang Brewery, right on Beaver Meadow Rd Property is corner lot and fronts both county 33 and Beaver Meadow Rd
Rooms
Basement Full, Walk-Out Access
Interior
Heating Electric, Oil, Zoned, Baseboard, Hot Water, Radiant
Cooling Zoned
Flooring Hardwood, Tile, Varies
Furnishings Furnished
Fireplace No
Appliance Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Microwave, Refrigerator, Range Hood, Washer
Exterior
Exterior Feature Blacktop Driveway
Garage Spaces 1.0
Pool Community
Community Features Pool
Roof Type Shingle
Garage Yes
Building
Lot Description Agricultural, Corner Lot, Irregular Lot
Story 2
Sewer Septic Tank
Water Well
Level or Stories Two
Structure Type Frame,Wood Siding
Construction Status Existing
Schools
School District Cooperstown
Others
Senior Community No
Tax ID 363889-146-000-0003-029-021-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Estate
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with No Office Affiliation