1 Loralee Drive, Colonie, NY 12205

Colonie
Local realty services provided by:HUNT Real Estate ERA
1 Loralee Drive,Colonie, NY 12205
$468,500
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,395 sq. ft.
  • Multi-family
  • Active
Listed by: suzanne i prezio
Office: suzanne prezio properties, inc
MLS#:202622149
Source:Global MLS

Price summary

  • Price:$468,500
  • Price per sq. ft.:$195.62

About this home

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,...

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Home facts

  • Year built:1911
  • Listing ID #:202622149
  • Added:1 day(s) ago
  • Updated:July 21, 2026 at 06:54 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Hardwood, Laminate
  • Bathrooms Description:Ceramic Tile Bath
  • Basement Description:Partial
  • Living area:2,395 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1911
  • Building area:2,395 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Corner Lot, Garden, Level
  • Architectural Style:Traditional
  • Construction Materials:Aluminum Siding
  • Exterior Features:Garden, Patio, Porch

Schools

  • High school:Colonie Central HS
  • Elementary school:Saddlewood ES

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$468,500
  • Price per sq. ft.:$195.62
  • Tax amount:$9,627

Features and amenities

  • Amenities:Built-in Features, High Speed Internet, Paddle Fan

Parking

  • Total parking spaces:8
  • Parking description:Driveway, Off Street, Paved
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