$299,000

288 Morton Avenue, Albany, NY 12209

  • 6 beds |
  • 4 baths |
  • 2,973 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Highest & Best due by 6pm 3/29 Sunday Well-maintained three-unit property located in the City of Albany, offering strong income potential and owner-occupant flexibility. Total current gross rental income is $2,550/month, with additional upside to $3,450/month when the vacant unit is leased. The first-floor unit features 3 bedrooms and 2 full baths, currently rented at $1,350/month. The second-floor unit offers 2 bedrooms(plus bonus room) and 1 full bath, rented at $1,200/month. The third-floor unit includes 1 bedroom and 1 bath and is currently vacant, with an estimated rental value of $900/month. ROPs are current and up to date. Property is in great condition with hardwood floors throughout and a roof approximately 13 years old. Updated electrical adds to the overall value. Tenants have access to washer and dryer in the basement, off-street parking for up to three vehicles, and a private backyard. Conveniently located just off Delaware Avenue, close to shopping, dining, and public transportation. Directly across from Lincoln Park and tennis courts, and minutes from Albany Medical Center and St. Peter's Hospital. Owner currently pays water, sewer, trash, hot water, and internet. Tenants pay electric, gas, and heat. Property offers views of downtown Albany. Excellent opportunity for investors or owner-occupants seeking immediate income with additional upside.

Listing Status:
Pending
Date Added:
March 27, 2026
Data Last Updated:
April 1, 2026 at 10:38PM
Listing Office:
Field Realty : 518-495-1877
Listing Agent:
Patrick Hartman : 518-229-2348
MLS ID:
202614021
  • General: Built-in Features
  • Laundry: In Basement
  • Basement: Unfinished
  • Flooring: HardwoodTile
  • Heating: Forced AirHot Water
  • General: None
  • Style: Traditional
  • Parking: Off StreetPavedParking spaces: 3
  • Roofing: Asphalt
  • Windows: Double Pane Windows
  • General: Vinyl Siding
  • HOA Amenities: Sewer
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: 010100 76.47-2-4
  • View: Downtown
  • Fencing: FencedPerimeter
  • Utilities: Cable AvailableCable Connected200+ Amp ServiceCircuit Breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Patrick Hartman , Field Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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