2187 Central Avenue, Colonie, NY 12304
Local realty services provided by:CENTURY 21 North East
Listed by: rachel kusaywa, timothy cole
Office: kw platform
MLS#:202621537
Source:Global MLS
Price summary
- Price:$500,000
- Price per sq. ft.:$169.84
About this home
**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.*...
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Home facts
- Year built:1950
- Listing ID #:202621537
- Added:105 day(s) ago
- Updated:October 24, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Carpet, Hardwood, Tile
- Bathrooms Description:Ceramic Tile Bath
- Basement Description:Exterior Entry, Finished, Interior Entry, Unfinished
- Living area:2,944 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Building area:2,944 sq. ft.
- Lot area:0.39 Acres
- Lot Features:Corner Lot, Garden, Landscaped, Level, Private, Road Frontage
- Construction Materials:Brick
- Exterior Features:Garden, Patio
Schools
- High school:Colonie Central HS
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$169.84
- Tax amount:$5,935
Features and amenities
- Laundry features:In Basement
- Amenities:Chair Rail, Crown Molding, High Speed Internet
Parking
- Total parking spaces:9
- Parking description:Attached, Detached, Driveway, Garage, Paved, Workshop in Garage
- Garage:Yes
- Garage spaces:2
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