MLS® ID: 201922273
320 MERILINE AV
Scotia, New York, 12302 $275,000
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.