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1 Loralee Drive, Colonie
$448,900
5 Beds ⋅ 3 Baths ⋅ 202622149 MLS
FULLY RENTED 3-FAMILY | $48,600 ANNUAL GROSS INCOME INVESTORS, TAKE NOTICE! Exceptional opportunity to own an established, income-producing three-family property in the desirable Village of Colonie and South Colonie School District! All three apartments are currently rented, generating $4,050 monthly — $48,600 annually in gross rental income! Adding to the property's investment appeal is an 18-year long-term tenant who contributes 50% toward the property's gas heating bill, helping offset an important operating expense. Owner financing may be considered for a qualified buyer with 50% down. Offering approximately 2,395 square feet, this property features three distinct apartments with a total of five bedrooms and three full bathrooms. Unit 1: First-floor two-bedroom apartment occupied by a reliable, long-term tenant of 18 years, featuring washer/dryer hookups. Unit 2: One-bedroom apartment featuring newer appliances, a versatile bonus room ideal for a home office, walk in closet or flexible living space, and a stackable washer and dryer. Unit 3: Two-bedroom upper apartment recently refreshed with new kitchen cabinetry, range hood, updated lighting, and attractive vinyl plank flooring. Situated on a generous 0.30-acre corner lot, the property offers paved off-street parking for up to eight vehicles — an excellent convenience for a multi-family investment. Centrally located near shopping, restaurants, Albany International Airport, hospitals, major highways, and local amenities. Property pre-inspection documentation and current rental information available for buyer review. Whether expanding your investment portfolio or purchasing your first income property, 1 Loralee Drive offers established rental income, a long-term tenancy, recent improvements, and a convenient location. Schedule your private showing today!

1 Loralee Drive, Colonie

2187 Central Avenue, Colonie
$500,000
7 Beds ⋅ 4 Baths ⋅ 202621537 MLS
**Back on Market due to Buyer Financing. No fault of the property.** Whether you're looking for multigenerational living, hoping to offset your mortgage with rental income or searching for an investment property with exceptional income potential, this versatile South Colonie property has so much to offer. Located in the South Colonie School District with low Colonie taxes, this rare three-family home offers flexibility that's hard to find. The spacious owner's unit features 3 bedrooms and 1.5 bathrooms, while the additional apartments include a 2-bedroom unit and a 1-bedroom unit. There's also a flex bedroom that could easily be incorporated into any of the units for additional living space or rental value. The large, partially finished garden-level basement offers exciting potential for additional finished living space or the possibility of creating a future fourth unit (subject to any required approvals and permits). Outside, you'll find a massive, private backyard with a patio that's perfect for relaxing, entertaining or giving tenants plenty of outdoor space to enjoy. Parking and storage are a breeze with both an attached one-car garage and a detached one-car garage. The detached garage has both electricity and water run to it. Conveniently located with easy access to a major bus route, shopping, restaurants and everyday amenities, this property combines location, flexibility and long-term value. Whether you're planning to live in one unit while generating income from the others or expanding your investment portfolio, this is a property packed with possibilities. *Photos limited for tenant privacy.*

2187 Central Avenue, Colonie

268 Boght Road, Colonie
$975,000
4 Beds ⋅ 5 Baths ⋅ 202621305 MLS
Custom-built executive ranch with 4,000+/- sq. ft. above grade, set privately on over 6 acres in North Colonie schools. Impressive stone exterior, circular driveway, covered entry, and beautiful landscaping create exceptional curb appeal. Inside, soaring ceilings, hardwood floors, custom millwork, oversized windows, and an open floor plan offer a dramatic yet comfortable feel. The great room features vaulted ceilings, a stunning stone fireplace, and walls of windows overlooking the private grounds. The gourmet kitchen offers abundant custom cabinetry, stainless appliances, breakfast bar, and seamless flow to the dining and living areas. The magnificent finished lower level expands the home with a custom bar, entertainment space, bedroom, bathroom, weight room, and excellent potential for an in-law suite or guest retreat. Enjoy outdoor living from the rear porch, patio, and gazebo surrounded by peaceful wooded privacy. A rare luxury ranch offering space, privacy, craftsmanship, and incredible entertaining options. 3D tour attached.

268 Boght Road, Colonie

18 Priddle Lane, Colonie
$499,400
3 Beds ⋅ 3 Baths ⋅ 202619676 MLS
To Be Built. Welcome Home to Meadowdale Estates, a maintenance free community conveniently located in the Town of Colonie, proudly presented by Trojanski Custom Builders and featuring outstanding amenities such as a 9' finishable basement with egress window, granite and quartz selections for your kitchen, high quality cabinetry, gas fireplace, wide plank engineered hardwood floors, custom paver walkway, fiberglass door, first floor Primary Suite, and the option to add a second Primary Suite upstairs in the unfinished bonus room, if you choose! Enjoy the convenience of maintenance free living at Meadowdale Estates! Photos are for reference purposes and may be a different floor plan or have varying options. An agent is related to builder

18 Priddle Lane, Colonie

24 Priddle Lane, Colonie
$499,400
3 Beds ⋅ 3 Baths ⋅ 202617464 MLS
To Be Built. Welcome Home to Meadowdale Estates, a maintenance free community conveniently located in the Town of Colonie, proudly presented by Trojanski Custom Builders and featuring outstanding amenities such as a 9' finishable basement with egress window, granite and quartz selections for your kitchen, high quality cabinetry, gas fireplace, wide plank engineered hardwood floors, custom paver walkway, fiberglass door, first floor Primary Suite, and the option to add a second Primary Suite upstairs in the unfinished bonus room, if you choose! Enjoy the convenience of maintenance free living at Meadowdale Estates! Photos are for reference purposes and may be a different floor plan or have varying options. An agent is related to builder

24 Priddle Lane, Colonie

35 Shaker Bay Road, Colonie
$1,500,000
4 Beds ⋅ 5 Baths ⋅ 202616731 MLS
Set within the coveted Shaker Bay neighborhood, this distinguished residence reflects a high level of craftsmanship and thoughtful design, with an emphasis on scale, light and seamless flow. An impressive great room with soaring ceilings and a statement stone fireplace anchors the home, opening effortlessly to a well appointed kitchen and dining area crafted for both everyday living and elevated entertaining. The private first floor office offers a quiet workspace, while the main level primary suite provides a well appointed retreat with a spacious full bathroom and elevated finishes. A generously sized mudroom enhances everyday functionality without compromising style. The walk out lower level is designed for versatility, featuring a recreation room, bedroom and full bath, perfect for extended living or guests. Outdoors, the setting is equally compelling with an expansive deck overlooking the gorgeous grounds, a beautifully designed in ground pool, and a stone patio with a built in gas grill creating a true outdoor escape. Some major updates include: Furnace, HW Heater & Deck/Hardscaping all 2024, Pool liner 2025, Pool pump & filter 2023 and Roof 2019. Complete with a 3 car garage and access to neighborhood tennis courts, this home offers a rare balance of privacy, convenience and understated sophistication. Quick Close Available!

35 Shaker Bay Road, Colonie

1221 Loudon Road, Colonie
$690,000
2 Baths ⋅ 202613766 MLS
Diamond in the rough 1648 Sq. Foot home on 1.04 acres. Public water and septic. Home has potential for any use in the residential/commercial office plus zoning. High and best use is commercial due to the road changing to more commercial then residential. Very high traffic count and many opportunities for this property. The house has original woodwork, fireplace, library doors and two full baths. This house has great potential and land space to expand. If that isn't what you need the house can be remove and build new. Large, treed lot behind the house with parking pad for expansion or place to park. The property deed has four parcels included in the deed. Could parking 6-8 cars on the lot near the house, plus turn around. Easy access to the Northway & Thruway via exit 8. Access to all services. Plenty of uses for this home which at present is a residential home. Call for further details.

1221 Loudon Road, Colonie

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