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4 Homestead Avenue, Colonie, NY 12304

Colonie
Local realty services provided by:CENTURY 21 Adirondacks
4 Homestead Avenue,Colonie, NY 12304
$225,000
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  • 3 Beds
  • 2 Baths
  • 1,020 sq. ft.
  • Multi-family
  • Active
Listed by: alicia c everett
Office: keyology realty
MLS#:202625818
Source:Global MLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$220.59

About this home

Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and...

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Home facts

  • Year built:1930
  • Listing ID #:202625818
  • Added:3 day(s) ago
  • Updated:September 13, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl
  • Basement Description:Full, Unfinished
  • Living area:1,020 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless, Electric

Structure and exterior

  • Year built:1930
  • Building area:1,020 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Vinyl Siding
  • Exterior Features:Composite Deck, Front Porch, Rear Porch

Schools

  • High school:Colonie Central HS

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$220.59
  • Tax amount:$3,925

Features and amenities

  • Laundry features:In Basement

Parking

  • Total parking spaces:5
  • Parking description:Driveway, Garage, Paved
  • Garage:Yes
  • Garage spaces:1
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Angela Brown

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