1 Loralee Dr

Colonie, NY 12205
  • $468,500

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,395

    SqFt

About the Listing o3288A - 22029

An opportunity like this doesn't come along often. This rare three-family property in the Village of Colonie offers exceptional flexibility, whether you're looking for an owner-occupied property, a multi-generational living arrangement, or a strong addition to your investment portfolio. 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, and 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. 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 move right in or select your own tenants. 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, and the low taxes conveniences Colonie is known for. The property has also been pre-inspected by the sellers, allowing you to move forward with added confidence. A rare Village of Colonie triplex opportunity with outstanding versatility and income potential.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 202622149
Year Built 1911
Total Square Footage 2,395
Lot/Acreage 0.3
County Albany
School District South Colonie
Elementary School Saddlewood ES

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water,Natural Gas
  • Fireplaces:
  • Floor: Carpet,Ceramic Tile,Hardwood,Laminate
  • Above Ground Sq Ft: 2395
  • Below Ground Sq Ft: 0
  • Basement: Partial
  • Other: Paddle Fan,High Speed Internet,Built-in Features,Ceramic Tile Bath
  • Water: Public

Exterior Details

  • Lot Description: Level,Corner Lot,Garden
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Roof: Asphalt
  • Others: Garden
  • Sewer: Public Sewer
  • Parking Features: Off Street,Paved,Driveway

Financial Details

  • Tax Amount: $9,628
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 012601 29.11-3-76
  • Tax Year: N/A

Payment Calculator

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1 Loralee Dr Colonie, NY 12205

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Originating MLS: Global MLS

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