$353,000
Albany, NY 12209
MLS# 202614021
Status: Closed
6 beds
1 / 41
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.
Details
Maps
Documents
Contract Information
Original List Price: 299000
List Price/SqFt: 100.57
Status: Closed
Property Sub Type: Triplex
Sold Price: $353,000
Current Price: $353,000
Listing Contract Date: 2026-03-27
Location
City/Town (Mail): Albany
Street Number: 288
Street Name: Morton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12209
Geo Lat: 42.64508
Geo Lon: -73.771045
Property Detail
Rooms Total: 10
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2973
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2973
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1921
Status Change Info
Sold Price/SqFt: 118.74
Status Change Date: 2026-05-27
Under Contract Date: 2026-03-30
Sold Date: 2026-05-27
Sold Price: $353,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76.47-2-4
Tax Annual Amount: 7277
Tax Section: 76.47
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 4.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Delaware ave to Morton Ave
Public Remarks: 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.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Fencing
Fenced: 1
Perimeter: 1
Financial Details
General Taxes: 3253.84
General Taxes Description: Actual
School Taxes: 4024.09
School Taxes Description: Actual
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 3rd
Lot Features
Level: 1
Views: 1
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Tile: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Pet(s) on Premises: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Roof
Asphalt: 1
View
Downtown: 1
Water Source
Public: 1
Heating
Forced Air: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 41400
Rental Income Description: Actual
Interior Features
Built-in Features: 1
Laundry Features
In Basement: 1
Parking Features
Parking Total: 3
Off Street: 1
Paved: 1
Owner Pays
Internet: 1
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Three Or More: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Window Features
Double Pane Windows: 1
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1350
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 2
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Internet: 1
Sewer: 1
Trash: 1
Water: 1
Unit 1 Detail
Rent: 1350
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 5
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Total Full Baths: 2
Full Baths 1st Floor: 2
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 1 Dining Room Type
Dining Area: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 1 Amenities
High Speed Internet: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Internet: 1
Sewer: 1
Trash: 1
Water: 1
Unit 2 Detail
Rent: 1200
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 4
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 2 Dining Room Type
Dining Area: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Amenities
High Speed Internet: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 900
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Internet: 1
Sewer: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Rent: 900
Rent Description Unit 3: Estimated
Occupant Type Unit 3: Vacant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 3
Total Bedrooms: 1
Bedrooms on 3rd Floor: 1
Total Full Baths: 1
Full Baths 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Unit 3 Amenities
High Speed Internet: 1
Unit 3 Dining Room Type
Combined DR/LR: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Property Features
Architectural Style: Traditional
Basement: Unfinished
Construction Materials: Vinyl Siding
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Fencing: Fenced; Perimeter
Flooring: Hardwood; Tile
Heating: Forced Air; Hot Water; Natural Gas
Interior Features: Built-in Features
Laundry Features: In Basement
Levels: Three Or More
Lot Features: Level; Views
Owner Pays: Internet; Sewer; Trash Collection; Water
Parking Features: Off Street; Paved
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied; Pet(s) on Premises; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water
Utilities: Cable Available; Cable Connected
Window Features: Double Pane Windows
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Internet; Sewer; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: High Speed Internet
Unit 2 Owner Furnish Features: Internet; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: High Speed Internet
Unit 3 Owner Furnish Features: Internet; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Amenities: High Speed Internet
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Range; Refrigerator; Oven
PCD 
Listing Courtesy of Field Realty
Listing Agent: Patrick Hartman
518-229-2348 | patrick@fieldrealty.com
518-229-2348 | patrick@fieldrealty.com