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5 Beds
2 Baths
2,176 sqft

$459,000

176 Exchange Street, Colonie NY, 12205

Price per sqft$210.94
Built in1998
Property size2,176 sqft
Property typeMulti-family

Overview

Active

Listed Nov 7, 2026

Updated 20h ago

Prime Investment or Owner-Occupied Opportunity: 176 Exchange St. 2 Single-Family Homes on One Lot (Multi-Unit Setup) Total Monthly Income / Potential: Front house estimated up to $2,500/mo (vacant) + Rear house currently rented at $1,950/mo. Condition: Fully renovated and in excellent condition throughout. **Property Overview** Welcome to 176 Exchange St.—a rare and exceptional dual-property offering featuring two fully renovated, turnkey single-family homes on a single lot. Whether you are an astute investor looking for a strong, income-producing portfolio addition or a buyer wanting to offset your mortgage by living in one home and renting out the other, this property delivers unmatched versatility and value. Front House (Vacant & Move-In Ready) Size: 1,215 sq. ft. Layout: 3 bedrooms, 1 bathroom, plus a flexible bonus room in the basement ideal for an office or additional bedroom. Features: Includes convenient basement laundry hookups. Rental Potential: Estimated up to $2,500 per month, making it ideal for an immediate tenant placement or an effortless owner-occupancy transition. Rear House (Current Income Generator) Layout: 2 bedrooms, 1 bathroom. Current Status: Currently occupied and generating steady rental income at $1,950 per month Upgrades: Features brand-new Mini-Split HVAC systems for efficient year-round climate control. Mechanicals & Highlights Upgraded Utilities: Both homes are separately metered for gas and electric, meaning tenants pay their own utilities. Roof: Front house roof is under 8 years old, providing long-term peace of mind. Modern Comforts: Fully renovated from top to bottom with updated plumbing and a brand-new hot water heater. Low Maintenance: Both structures are in pristine, excellent condition, allowing you to move right in or start collecting rent with peace of mind. Don't miss out on this turnkey dual-home property offering stellar cash flow and flexibility!

$3,054/mo

Est. mortgage payment based on a $459,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202629739

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.47 Acres

Other Property Details

Taxes
$8,439
Tax Frequency
Annually

Listed by Craig Cioffi with Weichert Realtors Reliable Properties
Listing Contact: 518-396-8386 

The IDX display contains information sourced from Global MLS as of 11/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/10/2026 at 4:51 AM UTC

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