Source MLS Verified
2187 Central Avenue, Colonie, NY 12304
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2187 Central Avenue, Colonie, NY 12304
2187 Central Avenue, Colonie, NY 12304
2187 Central Avenue, Colonie, NY 12304
2187 Central Avenue, Colonie, NY 12304
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Listed by Rachel Kusaywa • KW Platform
$ 475,000
Est. payment /mo
Open Sat 1PM-3PM

2187 Central Avenue Colonie, NY 12304

6 Beds

4 Baths

2,944 SqFt


Open House

Sat Nov 14, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,944 sqft

Price per Sqft $161

MLS Listing ID 202621537

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,935

Lot Size 0.390 Acres

Acres 0.39

Property Sub-Type Triplex

Source Global MLS

Property Description

**INVESTORS & OWNER-OCCUPANTS TAKE NOTICE! Potential 9.5%+ CAP RATE and a VACANT UNIT ready for your vision!** Whether you're looking to build your investment portfolio, live in one unit while generating rental income or bring multiple generations together under one roof, this rare South Colonie triplex delivers opportunity and flexibility!

Offering 7 bedrooms, 3.5 bathrooms and nearly 3,000 sq ft of above-grade living space, this brick property features a spacious 3-bedroom, 1.5-bath owner's unit, a 2-bedroom apartment, a 1-bedroom apartment and an additional flex bedroom with potential to expand existing living spaces.

Looking for even more possibilities? The partially finished garden-level basement offers additional usable space and potential for future expansion, subject to municipal approvals.

Situated on a generous .39-acre lot, the property features a large private backyard, patio, TWO garages and parking for up to 9 vehicles. Enjoy South Colonie schools, approximately $5,935 in annual property taxes and convenient access to shopping, dining, public transportation, and major routes.

**Three units. Multiple income streams. Endless possibilities.** Schedule your private showing and explore what this property could do for you!

*Cap rate based on projected income and current expenses; supporting figures available upon request. Photos limited for tenant privacy.*

Location

State NY

County Albany

Zoning Multi Residence

Direction On the Corner of Central Ave and Elmwood Ave, near the Colonie/Schenectady border.

Interior

Interior Features High Speed Internet, Ceramic Tile Bath, Chair Rail, Crown Molding

Heating Hot Water

Flooring Tile, Carpet, Hardwood

Fireplaces Number 2

Fireplaces Type Basement, Living Room

Fireplace Yes

Exterior

Exterior Feature Garden

Parking Features Workshop in Garage, Paved, Attached, Detached, Driveway, Garage

Garage Spaces 2.0

Utilities Available Cable Connected

Roof Type Asphalt

Porch Patio

Building

Lot Description Private, Level, Landscaped, Road Frontage, Corner Lot, Garden

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District South Colonie

Others

Tax ID 012689 16.2-1-42

Special Listing Condition Estate

Virtual Tour https://app.doaudiotours.com/unbranded?id=26009&lang=en-US


Vanessa Vedder
Vanessa Vedder

NYS Licensed Real Estate Salesperson

+1(518) 528-2972 | vanessavedderhomes@gmail.com

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2187 Central Avenue