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$468,500
5 Beds 3 Baths 202622149 MLS
An opportunity like this doesn't come along often. This triplex in the Village of Colonie offers exceptional flexibility, whether you're looking for an owner-occupied property, a multi-generational living arrangement, or an addition to your investment portfolio. Ideally located, the property has also been pre-inspected by the sellers, allowing you to move forward with added confidence. While the apartments are well maintained, they are currently occupied, so buyers should come prepared to look beyond the personal belongings and envision the full potential of each space. Unit 1 is a first-floor, 2-bedroom, 1-bath apartment with a long-term month-to-month tenant in place and convenient washer/dryer hookups. Unit 2 features 1 bedroom, 1 bath, plus an adjoining bonus room that's perfect for a nursery, home office, or walk-in closet. A stackable washer and dryer are already in place for added convenience. Upstairs, Unit 3 offers 2 bedrooms and 1 bath. Units 2 and 3 will be vacant and ready for immediate occupancy, giving you the flexibility to choose your own tenants or move right in. Situated on a level corner lot in the South Colonie School District, with Saddlewood Elementary located at the end of the street, the property is close to shopping, restaurants, Albany International Airport, major highways, hospitals, with the low taxes and all the conveniences Colonie has to offer. A rare Village of Colonie triplex opportunity with outstanding versatility and income potential. As an added opportunity, the sellers are willing to consider owner financing with a 50% down payment for qualified buyers.

1 Loralee Drive

$384,000
4 Beds 2 Baths 202620507 MLS
A Rare Find in South Colonie -- Income-Producing Duplex with Long-Term Stability. Meet your next smart investment at 162 Consaul Road. This well-kept duplex in South Colonie School District comes with something money can't buy -- a dependable, long-term tenant already in place on the first floor, with over 20 years of continuous occupancy. Day one cash flow, zero guesswork. Month to month lease in place. The first-floor unit is a proven performer, and the second floor presents a prime opportunity -- whether you choose to owner-occupy and let your tenant help pay the mortgage, or lease it out and maximize your return on both units. Each unit offers two bedrooms, a full bathroom, in-unit laundry, and a bonus room & walk-out basement in unit 1. Out back, a private deck overlooks a generous yard, giving residents an outdoor retreat that sets this property apart from the typical rental.

162 Consaul Road

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