2187 Central Ave Schenectady, NY 12304
Estimated payment $3,196/month
Highlights
- Second Garage
- Living Room with Fireplace
- Finished Attic
- Private Lot
- Wood Flooring
- No HOA
About This Home
Whether you're looking for multigenerational living, hoping to offset your mortgage with rental income or searching for an investment property with exceptional income potential, this versatile South Colonie property has so much to offer. Located in the South Colonie School District with low Colonie taxes, this rare three-family home offers flexibility that's hard to find. The spacious owner's unit features 3 bedrooms and 1.5 bathrooms, while the additional apartments include a 2-bedroom unit and a 1-bedroom unit. There's also a flex bedroom that could easily be incorporated into any of the units for additional living space or rental value. The large, partially finished garden-level basement offers exciting potential for additional finished living space or the possibility of creating a future fourth unit (subject to any required approvals and permits). Outside, you'll find a massive, private backyard with a patio that's perfect for relaxing, entertaining or giving tenants plenty of outdoor space to enjoy. Parking and storage are a breeze with both an attached one-car garage and a detached one-car garage. The detached garage has both electricity and water run to it. Conveniently located with easy access to a major bus route, shopping, restaurants and everyday amenities, this property combines location, flexibility and long-term value. Whether you're planning to live in one unit while generating income from the others or expanding your investment portfolio, this is a property packed with possibilities. *Photos limited for tenant privacy.*
Open House Schedule
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Monday, July 13, 20265:00 to 7:00 pm7/13/2026 5:00:00 PM +00:007/13/2026 7:00:00 PM +00:00One of Two Showing WindowsAdd to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,935
Year Built
- Built in 1950
Lot Details
- 16,988 Sq Ft Lot
- Property fronts a private road
- Back Yard Fenced
- Landscaped
- Private Lot
- Corner Lot
- Level Lot
- Garden
Parking
- 2 Car Garage
- Second Garage
- Workshop in Garage
- Driveway
- Open Parking
Home Design
- Triplex
- Brick Exterior Construction
- Asphalt
Interior Spaces
- Multi-Level Property
- Chair Railings
- Crown Molding
- Living Room with Fireplace
- 2 Fireplaces
- Finished Attic
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Bathroom on Main Level
- Ceramic Tile in Bathrooms
Finished Basement
- Interior and Exterior Basement Entry
- Fireplace in Basement
- Laundry in Basement
Outdoor Features
- Patio
Schools
- Colonie Central High School
Utilities
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include sewer
Listing and Financial Details
- The owner pays for heat, water
- Legal Lot and Block 42.000 / 1
- Assessor Parcel Number 012689 16.2-1-42
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 | $6,855 | $140,000 | $35,000 | $105,000 |
| 2024 | $7,146 | $140,000 | $35,000 | $105,000 |
| 2023 | $6,909 | $140,000 | $35,000 | $105,000 |
| 2022 | $6,593 | $140,000 | $35,000 | $105,000 |
| 2021 | $6,511 | $140,000 | $35,000 | $105,000 |
| 2020 | $5,840 | $140,000 | $35,000 | $105,000 |
| 2019 | $2,941 | $140,000 | $35,000 | $105,000 |
| 2018 | $7,641 | $140,000 | $35,000 | $105,000 |
| 2017 | $0 | $140,000 | $35,000 | $105,000 |
| 2016 | $9,520 | $140,000 | $35,000 | $105,000 |
| 2015 | -- | $140,000 | $35,000 | $105,000 |
| 2014 | -- | $140,000 | $35,000 | $105,000 |
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 |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $500,000 | -- | $170 / 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 | $108,500 | None Available |
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 |
|---|---|---|---|
| Closed | $120,000 | No Value Available |
Source: Global MLS
MLS Number: 202621537
APN: 012689-016-002-0001-042-000-0000
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Ask me questions while you tour the home.