Colonie Multi-Family Properties for Sale

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Newest Colonie Multi-Family Homes for Sale

$999,777

8 Beds ⋅ 3 Baths ⋅ 202622428 MLS

5-acre offering consisting of two parcels being sold in the North Colonie School District. The property features a 3,200 SF, five-bedroom main house and a three-bedroom second house offering an opportunity for updating, plus a 40' x 60' insulated steel-frame outbuilding with 200-amp electrical service. Adjacent to the North Colonie Soccer Complex, the property offers potential for approximately 8 to 12 total residential lots based on the layout and SFR zoning, subject to review and approvals. The seller reports that lands bordering the property to the east and west are protected as forever-wild land, limiting development and helping preserve long-term privacy. An opportunity for an owner-occupant, investor, builder, or developer seeking acreage and convenient access to schools, recreation, shopping, and major transportation routes. Buyer to independently verify subdivision potential, protected-land status, utilities, and all proposed uses.

454-456 Vliet Street

$468,500

5 Beds ⋅ 3 Baths ⋅ 202622149 MLS

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. While the apartments are well maintained, they are currently occupied, so buyers should come prepared to look beyond the personal belongings and envision the full potential of each space. 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, 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 offers 2 bedrooms and 1 bath. Units 2 and 3 will be 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.

1 Loralee Drive

$309,900

5 Beds ⋅ 2 Baths ⋅ 202621966 MLS

South Colonie School district 2 family. With some TLC there is plenty of room to bring rents up to market value. Frist floor has 3 bedroom and a full bath, second floor has 2 bedrooms and a full bath. Kitchens are modern, front porch on first floor. Covered porch on second floor. Walk up attic and full basement. Attached 2 car garage for additional value. Newer garage doors and paved driveway. Lot has been divided and now approx 69 X 133. Home is being sold AS-IS and priced accordingly. Limited showing times as tenants must be home to provide access. Taxes shown are actual with no exemptions. Quick access to major roadways, shopping and entertainment.

15 S Lansing Road

$384,000

4 Beds ⋅ 2 Baths ⋅ 202620507 MLS

A Rare Find in South Colonie -- Income-Producing Duplex with Long-Term Stability. Meet your next smart investment at 162 Consaul Road. This well-kept duplex in South Colonie School District comes with something money can't buy -- a dependable, long-term tenant already in place on the first floor, with over 20 years of continuous occupancy. Day one cash flow, zero guesswork. Month to month lease in place. The first-floor unit is a proven performer, and the second floor presents a prime opportunity -- whether you choose to owner-occupy and let your tenant help pay the mortgage, or lease it out and maximize your return on both units. Each unit offers two bedrooms, a full bathroom, in-unit laundry, and a bonus room & walk-out basement in unit 1. Out back, a private deck overlooks a generous yard, giving residents an outdoor retreat that sets this property apart from the typical rental.

162 Consaul Road

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