238 sheridan Avenue

Welcome home to this spacious two-unit Victorian in the heart of Sheridan Hollow, offering timeless character, flexible layouts, and strong income potential. This historic property features two thoughtfully designed flex three-bedroom apartments — one currently rented at $1,470 per month, providing immediate income, and the other delivered vacant, ideal for an owner-occupant or additional rental upside. Plus the property comes with a vacant lot located across the street, adding potential parking or extended yard space. Each apartment welcomes you with an oversized living room highlighted by beautiful bay windows, crown moldings, soaring ceilings, and a charming decorative fireplace that anchors the space with classic Victorian detail. Just beyond, you’ll find three similarly sized full bedrooms, offering versatility for sleeping, home office, or guest space. Two of the bedrooms can easily be combined to create a generous king-sized suite (see floor plan), adding even more flexibility to the layout. Across from the bedrooms sits a recently renovated windowed bathroom, complete with in-unit washer and dryer for modern convenience. The spacious kitchen provides ample countertop workspace and direct access to a private outdoor spaces — perfect for morning coffee or evening relaxation. Each unit also enjoys access to a private backyard, where pets can roam or you can entertain outdoors. Street parking is easy in the area, and there is optional private parking available next door for $100 per month. While tucked away on a quiet block, the home is just moments from the restaurants, nightlife, and charm of Lark Street, as well as downtown Albany’s business district and major highways for effortless commuting. A rare opportunity to own a historic Albany property that blends architectural character, outdoor space, and income-producing potential in one of the city’s most desirable neighborhoods.