2187 Central Avenue

$500,000
Home For Sale - Under Contract
  • Multi-Family
  • MLS # 202621537
Listing Provided By: KW Platform Rachel Kusaywa518-542-6070

Property Details

  • Acres: 0.39
  • Total Square Feet: 3,392
  • Above Ground Square Feet: 2944
  • Below Ground Square Feet: 448
  • Town: Colonie
  • Property Type: Multi-Family
  • Bedrooms: 7
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 1
  • School District: South Colonie
  • Estimated Taxes: $5,935
  • Water: Public
  • Sewer: Public Sewer
  • Heat: Hot Water
  • Garage: 2
  • Property Style: Other
  • Basement: Exterior Entry, Finished, Interior Entry, Unfinished
  • Exterior: Brick
  • Exterior Features: Garden
  • County: Albany
  • Parking Spaces: 9
  • Zoning: Multi Residence
  • Interior Features: High Speed Internet, Ceramic Tile Bath, Chair Rail, Crown Molding

Remarks

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.*

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Contact an Agent

Contact Daniel Davies

Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

Contact Daniel Davies

Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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