OPEN HOUSE CANCELLED - OFFER ACCEPTED Welcome to 185 Exchange Street in Colonie, NY! This solid brick ranch in the highly desirable South Colonie School District offers the perfect blend of space, flexibility, and location in the heart of the Capital Region, just minutes from Albany, Latham, and major highways (I-87 & I-90). This 3-bedroom, 2 full bath home features a bright main level with a spacious living room, hardwood floors, and an eat-in kitchen. The fully finished, heated basement expands your living space with an additional private room, perfect for hobbies, a home office, or guest overflow, along with a full bathroom, second kitchen area, bar, and gas fireplace, ideal for an in-law suite, guest space, or multi generational living. Situated on a 0.23 acre level lot, the property includes a detached 2 car garage, an extended driveway with ample parking, and a fully fenced backyard with a patio and above ground pool, perfect for outdoor entertaining and summer enjoyment. Additional features include central air, natural gas heating, public water and sewer, and convenient proximity to shopping, restaurants, Albany International Airport, hospitals, SUNY Albany, and downtown Albany. A versatile home offering space, location, and opportunity, perfect for anyone seeking flexible living in Colonie.