Bought with Steve Duggan • RE/MAX Capital
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320 MERILINE Avenue Scotia, NY 12302
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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $65
MLS Listing ID 201922273
Sold Date 09/05/19
HOA Y/N No
Originating Board Global MLS
Year Built 1930
Annual Tax Amount $11,378
Lot Dimensions 120 x 130
Property Description
A very rare find in Scotia, and priced to sell. 6 unit investment property, with replacement windows, in the village of Scotia. A huge lot of approximately 120 x 130 as paved parking for 10-12 cars, plus a nearly new detached 2-3 car garage which could be rented for an additional estimated $200+ per month. Tenants pay all utilities ( heat, electricity, gas for the gas range). Owner supplies water, hot water and electric for the common areas. Separate Coin operated laundry generates $50-$100 per month. Approximately $50,760 income (includes estimate of garage and coin operated laundry) less approximately $16,162 in expenses equals a very healthy return per month.
Location
State NY
County Schenectady
Direction Albion to Craige Ave to Short St to Meriline…(or)...Sacandaga Road to Meriline just north of the High School.
Interior
Heating Baseboard, Electric
Exterior
Garage Off Street, Detached
Garage Spaces 2.0
Waterfront No
Parking Type Off Street, Detached
Building
Lot Description Level
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Scotia Glenville
Others
Tax ID 422201 29.66-1-19
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