Bought with Patrick M Devaney • McCurdy Real Estate Group, Inc
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1 Loralee Drive Colonie, NY 12205
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Key Details
Sold Price $269,900
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,395 sqft
Price per Sqft $112
MLS Listing ID 202218284
Sold Date 08/26/22
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Global MLS
Year Built 1911
Annual Tax Amount $2,778
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 13068 sqft
Property Sub-Type 5+ Units
Property Description
A RARE diamond just came out of the rough! Come and grab a three unit in highly sought after South Colonie school district. The property has been renovated by it's current owner leaving a blank canvas of opportunity for cash flow and attractive returns. (2) of the three units are ready for occupancy immediately on change of ownership. Your potential gross income is estimated at approximately $35,000 annually. Call today!
Location
State NY
County Albany
Direction Route 5 West (Central Ave) to Vly Rd. Property on corner of Vly and Loralee on right.
Interior
Interior Features Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath
Heating Hot Water, Natural Gas
Flooring Carpet, Ceramic Tile, Hardwood, Laminate
Exterior
Exterior Feature Garden
Parking Features Off Street, Paved, Driveway
Utilities Available Cable Available
Roof Type Asphalt
Porch Porch, Patio
Building
Lot Description Level, Corner Lot, Garden
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District South Colonie
Others
Tax ID 012601 29.11-3-76
Special Listing Condition Standard, 48 Hour Contingency
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