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Listed price in listed location currency (USD).
$299,000

643

MLS® 202614021

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2973 sqft
Garage 
Taxes $7,277
Lot Size 
Approx. Age 1921
Avg. Price Per Sqft $100
MLS® Number 202614021

Property Address: 288 Morton Ave, Albany, NY, 12209-2260

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number202614021
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1921
BasementUnfinished
DrivewayOff Street, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Mar 27, 2026List Date
$299,000List Price
  • Commute

Commute

Starting Address
Destination Address
288 Morton Ave, Albany, NY

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