Colonie, NY 12205 · Albany County
An opportunity like this doesn't come along often. This rare three-family property in the Village of Colonie offers exceptional flexibility, whether you're looking for an owner-occupied property, a multi-generational living arrangement, or a strong addition to your investment portfolio. 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, and 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. 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 move right in or select your own tenants. 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, and the low taxes conveniences Colonie is known for. The property has also been pre-inspected by the sellers, allowing you to move forward with added confidence. A rare Village of Colonie triplex opportunity with outstanding versatility and income potential.
The price signals we can read on this listing today. For a true sense of value against recent Colonie sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the comps23 facts pulled straight from the MLS listing.
Google Maps view. Pan, zoom, click a pin to read about a business or place.
Plan a multi-stop route from this address: drop-off the kid, hit the office, head home. Live traffic from Google.
Try a preset
The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Colonie is in Albany County, NY. There are currently 103 active listings here, ranging from $59,900 to $3,900,000. Listings in this address fall under the South Colonie school district.
Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Suzanne Prezio Properties, Inc · Listed by Suzanne I Prezio (22029)
Contact: 518-577-6571
MLS #202622149 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.

Licensed Real Estate Salesperson · Howard Hanna
★ 5.0 from verified clients · 200+ homes sold · 14+ years
Typically responds within 2 hours
Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.