260 Delaware AveAlbany, NY 12209

This exceptional multifamily property, located on the coveted Delaware Avenue in Albany, NY, presents a compelling investment opportunity. The building, constructed in 1867, boasts a total of 1,680 square feet across two stories and sits on a sizable 0.61-acre lot. The property features two rental units; the first floor unit comprises two bedrooms, one full bathroom, and a spacious kitchen. The second floor unit offers one bedroom and one full bathroom. Both units are currently rented, providing immediate cash flow. The property includes six parking spaces, a significant advantage in this location. The building features 8-foot ceilings throughout. This property is zoned for residential use and has an Albany County APN of 010100 76.54-4-13. The asking price is $279,950, translating to $166.64 per square foot. This property is conveniently located at 260 Delaware Avenue, Albany, NY 12209. It can be purchased individually or in conjunction with the adjacent property at 256 Delaware Avenue. This presents a rare chance to acquire a well-located, income-generating multifamily property in a thriving Albany neighborhood.