Offers due by Sunday 2/18 at 3pm - multiple offers received; Introducing 249 Delaware Ave - Well maintained 4-family property nestled on a corner lot, just moments away from shopping, dining, Albany Med, and College of Pharmacies.
Each of the 4 units is well-kept with numerous updates over the years. Currently, all units are occupied by fantastic long-term tenants, generating an impressive annual rental income exceeding $42,000. There's potential to maximize earnings further by adjusting rents to market value.
In addition, the basement boasts 2 washers/dryers, ready for conversion to coin-operated laundry, offering an additional revenue stream. Utilities are separated, with tenants responsible for their own bills. Plus, trash removal is included in the tax bill.
Closed
$390,000
249 Delaware Avenue, Albany, NY 12209
6beds
2,682sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$417,300 Zestimate®
$145/sqft
$1,895 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 04, 2024 at 07:23pm
Listed by:
Stela Koeva 518-694-1027,
Core Real Estate Team
Bought with:
Brianna Huynh, 10401360887
Coldwell Banker Prime Properties
Source: Global MLS,MLS#: 202412036

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Radiant
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Flooring: Hardwood
- Basement: Partial
Interior area
- Total structure area: 2,682
- Total interior livable area: 2,682 sqft
- Finished area above ground: 2,682
Property
Features
- Patio & porch: Rear Porch, Front Porch
- Exterior features: Other
Lot
- Size: 4,356 sqft
Details
- Parcel number: 010100 76.54223
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Albany