1 Loralee Dr Albany, NY 12205
Colonie AreaEstimated payment $3,347/month
Highlights
- Traditional Architecture
- Wood Flooring
- No HOA
- Saddlewood Elementary School Rated 9+
- Corner Lot
- Porch
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, 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.
Listing Agent
Suzanne Prezio Properties, Inc License #10311209453 Listed on: 07/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,628
Year Built
- Built in 1911
Lot Details
- 13,068 Sq Ft Lot
- Corner Lot
- Level Lot
- Garden
Home Design
- Triplex
- Traditional Architecture
- Aluminum Siding
- Asphalt
Interior Spaces
- 2,395 Sq Ft Home
- 2-Story Property
- Built-In Features
- Paddle Fans
- Atrium Doors
- Partial Basement
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
- Ceramic Tile in Bathrooms
Parking
- 8 Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Shed
- Porch
Schools
- Saddlewood Elementary School
- Colonie Central High School
Utilities
- No Cooling
- Hot Water Heating System
- 150 Amp Service
- 100 Amp Service
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- The owner pays for snow removal, grounds care, water
- Legal Lot and Block 76.000 / 3
- Assessor Parcel Number 012601 29.11-3-76
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,596 | $103,000 | $20,600 | $82,400 |
| 2024 | $4,140 | $103,000 | $20,600 | $82,400 |
| 2023 | $4,024 | $103,000 | $20,600 | $82,400 |
| 2022 | $3,989 | $103,000 | $20,600 | $82,400 |
| 2021 | $3,928 | $103,000 | $20,600 | $82,400 |
| 2020 | $2,719 | $103,000 | $20,600 | $82,400 |
| 2019 | $2,315 | $103,000 | $20,600 | $82,400 |
| 2018 | $2,617 | $103,000 | $20,600 | $82,400 |
| 2017 | $0 | $103,000 | $20,600 | $82,400 |
| 2016 | $2,634 | $103,000 | $20,600 | $82,400 |
| 2015 | -- | $103,000 | $20,600 | $82,400 |
| 2014 | -- | $103,000 | $20,600 | $82,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2026 07/19/26 | For Sale | $468,500 | +73.6% | $196 / Sq Ft | |
| 08/26/2022 08/26/22 | Sold | $269,900 | 0.0% | $113 / Sq Ft | View Prior Sale |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Sale | $269,900 | -- | $113 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | -- | |
| Warranty Deed | $176,900 | Tatha R Jourdanais | |
| Warranty Deed | $177,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,500 | Unknown | |
| Previous Owner | $869,000 | Unknown | |
| Previous Owner | $1,664 | Unknown | |
| Previous Owner | $568,000 | Unknown | |
| Previous Owner | $1,035 | Unknown | |
| Previous Owner | $148,500 | Unknown | |
| Previous Owner | $175,512 | No Value Available |
Source: Global MLS
MLS Number: 202622149
APN: 012601-029-011-0003-076-000-0000
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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