This spacious single-family home offers incredible potential, whether you're an investor or an owner-occupant. Ideally located in a centralized area of Colonie, it boasts a strong history of long-term rental occupancy—currently below market rents—providing immediate upside for savvy investors. The flexible layout includes a second-floor in-law suite, perfect for extended family or guests. With the proper approvals, this property could easily be converted into a true two-family home, enhancing its value and income potential. Enjoy low Colonie taxes and unbeatable convenience—just minutes from parks, top-rated schools, major highways, universities, downtown Albany, shopping, and more. Don't miss this rare opportunity in one of the Capital Region's most desirable locations