119 Delaware Avenue

Albany, NY 12202

$345,000
Price
5
Beds
4
Baths
3,156 Sq. Ft.
$109 / Sq. Ft.
3,156
Sq. Ft.
$109
per Sq. Ft.

Description

Amazing income or owner-occupied property comes fully furnished for thriving short-term rental business showing a 7% cap rate mixed with a long-term tenant. Two 1-bed/1-bath units on the second floor with separate entrances (front or rear) and a 3-bedroom/2 bath with bonus third floor space to provide bonus rooms. Excellent condition and offers a super convenient location near Albany Med, Albany Law, SUNY, and across from a park and on the bus line. Easy parking with 1-2 car driveway, plus a no-outlet...Amazing income or owner-occupied property comes fully furnished for thriving short-term rental business showing a 7% cap rate mixed with a long-term tenant. Two 1-bed/1-bath units on the second floor with separate entrances (front or rear) and a 3-bedroom/2 bath with bonus third floor space to provide bonus rooms. Excellent condition and offers a super convenient location near Albany Med, Albany Law, SUNY, and across from a park and on the bus line. Easy parking with 1-2 car driveway, plus a no-outlet street for close on-street parking.
  1. Listed by Judith Gabler • Gabler Realty, LLC
  2. Listed by T Michael Ferrigan • Gabler Realty, LLC

Property Details for 119 Delaware Avenue

Architectural Style
Traditional
Zoning
Multi Residence
Waterfront
No
Parking Total
2.00
LISTING UPDATED: 10/29/2024 12:37 PM

Property Details for 119 Delaware Avenue

StatusActive
MLS #202428240
Days on Market3
Taxes$7,054 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1925
Lot Size0.11 AC / 4,791 SF
CountyAlbany County

Building Information for 119 Delaware Avenue

Stories-Residences-Year Built1925Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 119 Delaware Avenue

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Delaware Ave between Holland Ave & Hackett Mid School. Corner of Cortland Pl (a dead end).
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12202
  • County Or Parish: Albany
  • Latitude: 42.65
  • Longitude: -73.77
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 16.000
  • Tax Block: 1
  • Parcel Number: 010100 76.47-1-16
  • Tax Tract: 76.47
  • Tax Annual Amount: $7,054.00
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: Off Street, Driveway
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1925
  • New Construction: No
  • Above Grade Finished Area: 3156.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
Building Information
  • Living Area: 3156.0
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 4
  • Separate Utilities : Number Of Separate Gas Meters: 1
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Rear Porch, Front Porch
  • Exterior Features: None
Interior Features
  • Interior Features: High Speed Internet
  • Heating: Baseboard, Electric, Hot Water, Zoned, Natural Gas
  • Roof: Rolled/Hot Mop, Rubber, Asphalt
  • Flooring: Tile, Hardwood
  • Electric: True
  • Basement: Full, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Cooling: No
  • Heating: Yes
  • Attic Features : Finished: Yes
  • Attic Features : Floored: Yes
  • Attic Features : Full: Yes
  • Attic Features : Walk-Up: Yes
  • Attic Features : Windows: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Unit Information : Number Of Dryers: 2
  • Unit Information : Number Of Refrigerators: 3
  • Unit Information : Number Of Stoves: 3
  • Unit Information : Number Of Washers: 3
Income & Expenses Information
  • Income And Expenses : Rental Income: $69,984.00
  • Income And Expenses : Rental Income Description: Yearly
  • Income And Expenses : Total Income Description: Average
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Bedrooms on 1st Floor: 1
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Owner Furnish Features : Electricity: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Hot Water: Yes
  • Unit Owner Furnish Features : Internet: Yes
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Snow Removal: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
Unit 2
  • Rent: $1,916.00
  • Unit Owner Furnish Features : Electricity: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Hot Water: Yes
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Snow Removal: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Bedrooms on 1st Floor: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Amenities : High Speed Internet: Yes
Unit 3
  • Rent: $2,000.00
  • Unit Owner Furnish Features : Cable TV: Yes
  • Unit Owner Furnish Features : Electricity: Yes
  • Unit Owner Furnish Features : Gas: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Hot Water: Yes
  • Unit Owner Furnish Features : Internet: Yes
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Snow Removal: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
  • Unit Detail : Total Bedrooms: 4
  • Unit Detail : Bedrooms on 2nd Floor: 4
  • Unit Detail : Total Full Baths: 2
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Full Baths 2rd Floor: 1
  • Unit Detail : Dining Rooms 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Detail : Living Rooms 2nd Floor: 1
  • Unit Detail : Other Rooms 2nd Floor: 1
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Dining Room Type : Formal Dining Room: Yes
  • Unit Dining Room Type : None: Yes
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
Unit 4
  • Unit Includes : Storage: Yes
  • Unit Dining Room Type : None: Yes
Rental
Rental Information
  • Tenant Pays: Hot Water
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water, Electricity, Gas, Grounds Care, Heat, Internet

Property History for 119 Delaware Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 119 Delaware Avenue

Taxable ValueLand$25,200Additions$100,800Total$126,000
Home Facts
Baths3Total Finished SqFt3,156 SqFtAbove Grade Finished SqFt3,156 SqFtStories3Lot Size4,830 SqFtStyleTriplexYear Built1925ZoningR2ACountyALBANYAPN010100 76.47-1-16

Schools near 119 Delaware Avenue

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Giffen Memorial Elementary School
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 12

Albany High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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119 Delaware Avenue is a multi-family home for sale in Albany, NY 12202. This property was listed for sale on October 28, 2024 by Gabler Realty, LLC, it's currently listed at $345,000. It has been on the market for a total of 3 days and was last sold on December 18, 2017. This listing's school district is Albany City School District. Nearby schools include Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School and Albany High School. 119 Delaware Avenue is a 5-bed, 4-bath, 3,156 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gabler Realty, LLC

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