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Listed by Nirisa Adams • Monticello

$375,000

Est. payment - /mo

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7 Beds

4 Baths

4,848 SqFt

Open Sun 11AM-1PM

227 Delaware Avenue Albany, NY 12209

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Open House

Sun Oct 11, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,848 sqft

Price per Sqft $77

MLS Listing ID 202627785

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1930

Annual Tax Amount $8,512

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Source Global MLS

Property Description

An outstanding opportunity on Albany's vibrant Delaware Avenue! This four unit property offers the ideal combination of income potential, location and flexibility for investors and owner-occupants alike. The building features three 2-bedroom/1 bath apartments and one 1 bedroom/1-bath apartment, along with vinyl replacement windows throughout. A major bonus rarely found with city multifamilies: four garages available for tenant use, adding valuable convenience and rental appeal. The first-floor rear apartment is currently vacant, creating an excellent opportunity for an owner-occupant or allowing an investor to select their next tenant. This unit has been refreshed with a new kitchen floor, new refrigerator, new bathroom vanity and toilet, new blinds, plus an enclosed porch. Tenants also enjoy access to coin-operated shared laundry in the basement. And the location is hard to beat. Situated directly along the Delaware Avenue corridor, the property is convenient to neighborhood restaurants, shopping, services, downtown Albany and major employment centers, with CDTA bus service right along Delaware Avenue providing easy connections throughout the area. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, 227 Delaware Ave offers the versatility, amenities and location that make a multifamily property stand out.

Location

State NY

County Albany

Direction Delaware Ave south from downtown Albany; property is located at 227 Delaware Ave, between Morton Ave and Second Ave.

Interior

Heating Baseboard, Other

Flooring Ceramic Tile, Hardwood, Linoleum

Exterior

Exterior Feature Other

Parking Features Off Street, Storage, Detached, Driveway, Garage

Garage Spaces 4.0

Roof Type Asphalt

Porch Front Porch

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction No

Schools

School District Albany

Others

Tax ID 010100 76.46-4-11

Special Listing Condition Estate

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Nearby Locations

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Stefanie Waldron

+1(518) 522-1476