About This Home

This 7-bedroom, 4-bathroom multi-family at 2187 Central Avenue in Schenectady, NY is listed for $500,000 ($170 per sqft). Built in 1950, the home offers 2,944 sqft of living space on a 0.39 acres lot.

Key Features

  • Built in 1950
  • 0.39 acre lot
  • 9 parking spaces
  • Fireplace

Property Details

3 full, 1 half
9 spaces
1950

Amenities

FireplaceHardwood
Listing Description

**Back on Market due to Buyer Financing. No fault of the property.** 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.*

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

2187 Central Avenue

Schenectady, NY 12304

Features & Amenities

Interior Features

High Speed InternetCeramic Tile BathChair RailCrown Molding

Exterior Features

Garden

Property Details

Flooring

HardwoodTileCarpet

Construction

Brick

Outdoor Features

Patio

Parking

DrivewayGarage

Heating

Hot Water(Heating)

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 2187 Central Avenue is listed at $500,000 ($170/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.39 acre lot, 9 parking spaces, Fireplace. Interior Features: High Speed Internet, Ceramic Tile Bath, Chair Rail. Exterior Features: Garden.

This property is listed by Rachel Kusaywa and can be reached at 5185426070.

RK

Rachel Kusaywa

License 10401243326

Agent at KW Platform

(518) 542-6070

Listed by KW Platform · Broker phone: (518) 724-5800 · View on Broker Site

MLS# 202621537· Source: Global MLS, Inc.· 72 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2187 Central Avenue, Schenectady, NY 12304

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