1 Loralee Drive, Colonie, NY 12205
1 Loralee Drive, Colonie, NY 12205
1 Loralee Drive, Colonie, NY 12205
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Listed by Suzanne I Prezio • Suzanne Prezio Properties Inc
$468,500
Est. payment /mo
5 Beds
3 Baths
2,395 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,395 sqft

Price per Sqft $195

MLS Listing ID 202622149

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1911

Annual Tax Amount $9,627

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Triplex

Source Global MLS

Property Description

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. 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, new appliances 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 has been freshly painted and professionally cleaned. It offers 2 bedrooms and 1 bath. Units 2 and 3 are 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.

Location

State NY

County Albany

Direction Central to Loralee.

Interior

Interior Features Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath

Heating Hot Water, Natural Gas

Flooring Carpet, Ceramic Tile, Hardwood, Laminate

Exterior

Exterior Feature Garden

Parking Features Off Street, Paved, Driveway

Utilities Available Cable Available

Roof Type Asphalt

Porch Porch, Patio

Building

Lot Description Level, Corner Lot, Garden

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District South Colonie

Others

Tax ID 012601 29.11-3-76

Special Listing Condition Standard

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Catherine Combs

Catherine Combs

+1(518) 852-2927

Lic. Real Estate Salesperson License ID: 10401345850

Lic. Real Estate Salesperson License ID: 10401345850

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