$252,500
Scotia, NY 12302
MLS# 202315745
Status: Closed
2 beds
1 / 43
Property Description
2-family investment property in the charming Village of Scotia, an excellent opportunity for both investors & owner-occupants alike. The first-floor unit is currently owner occupied and very well maintained in move-in condition. This property is an excellent investment opportunity, with potential for stronger rental income. Current owner has a strong rental history and has kept the property in excellent condition. An owner-occupant could continue to live in owner unit, offsetting their mortgage payments or rent out and hold as investment property. The Village of Scotia is a highly desirable location, known for its small-town charm and excellent schools. Don't miss out on this fantastic opportunity! PROPERTY AVAILABLE AS A PACKAGE WITH ADJACENT 3 FAMILY HOME. Contact LA for showings.
Details
Maps
Documents
Contract Information
Original List Price: 260000
List Price/SqFt: 147.64
Status: Closed
Property Sub Type: Duplex
Sold Price: $252,500
Current Price: $252,500
Listing Contract Date: 2023-04-27
Location
City/Town (Mail): Scotia
Street Number: 109
Street Name: 1st
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12302
Geo Lat: 42.829729
Geo Lon: -73.962872
Property Detail
Rooms Total: 6
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 1761
Parking Y/N: Yes
Living Area: 1761
Zoning: Single Residence
Deed Restrictions: No
Lot Size Dimensions: 38'x150'
Lot Size Acres: 0.1
Main Road Frontage: 38
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 2
Bathrooms Full: 2
Year Built: 1912
Status Change Info
Sold Price/SqFt: 143.38
Status Change Date: 2023-08-09
Under Contract Date: 2023-05-05
Sold Date: 2023-08-08
Sold Price: $252,500
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 38.28-2-51
Tax Annual Amount: 5382
Tax Section: 2
Total Taxes Description: Actual
Tax Block: 38.2
Tax Lot: 51
School District: Scotia Glenville
Elementary School: Lincoln
High School: Scotia-Glenville
Association Y/N: No
Directions & Remarks
Directions: GPS: 109 1st Street, Scotia, NY 12302
Public Remarks: 2-family investment property in the charming Village of Scotia, an excellent opportunity for both investors & owner-occupants alike. The first-floor unit is currently owner occupied and very well maintained in move-in condition. This property is an excellent investment opportunity, with potential for stronger rental income. Current owner has a strong rental history and has kept the property in excellent condition. An owner-occupant could continue to live in owner unit, offsetting their mortgage payments or rent out and hold as investment property. The Village of Scotia is a highly desirable location, known for its small-town charm and excellent schools. Don't miss out on this fantastic opportunity! PROPERTY AVAILABLE AS A PACKAGE WITH ADJACENT 3 FAMILY HOME. Contact LA for showings.
Sewer
Public Sewer: 1
Electric
200+ Amp Service: 1
220 Volts: 1
Single Phase: 1
Financial Details
General Taxes: 5382
General Taxes Description: Actual
Cooling
Window Unit(s): 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Vinyl Siding: 1
Possession
Negotiable: 1
Exterior Features
None: 1
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Shingle: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Income And Expenses
Rental Income: 28800
Rental Income Description: Actual
Total Income: 28800
Insurance Expense: 827
Insurance Expense Description: Actual
Miscellaneous Expense: 3510
Miscellaneous Expense Description: Estimated
Maintenance Expense: 720
Water Sewer Expense: 1200
Water Sewer Expense Desc.: Estimated
Operating Expense: 11639
Net Operating Income: 17161
Laundry Features
In Basement: 1
Parking Features
Parking Total: 4
Off Street: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Tenant Pays
Electricity: 1
Heat: 1
Hot Water: 1
Unit 1 Detail
Rent: 14400
Rent Description Unit 1: Actual
Total Bedrooms: 1
Total Full Baths: 1
Unit 2 Detail
Rent: 14400
Rent Description Unit 2: Actual
Total Bedrooms: 1
Total Full Baths: 1
Property Features
Basement: Unfinished
Construction Materials: Vinyl Siding
Cooling: Window Unit(s)
Electric: 200+ Amp Service; 220 Volts; Single Phase
Exterior Features: None
Heating: Natural Gas
Laundry Features: In Basement
Levels: Two
Parking Features: Off Street
Possession: Negotiable
Roof: Asphalt; Shingle
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water
Water Source: Public
Fact Sheet 
Listing Courtesy of BlueBird Commercial Real Estate LLC
Listing Agent: Ravi S Modasra
518-312-0447 | ravi@bluebirdcre.com
518-312-0447 | ravi@bluebirdcre.com
