$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
Status: Closed
Property Sub Type: Triplex
Original List Price: 299000
Sold Price: $353,000
Current Price: $353,000
Listing Contract Date: 2026-03-27
List Price/SqFt: 100.57
Location
Street Number: 288
Street Name: Morton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12209
City/Town (Mail): Albany
Geo Lat: 42.64508
Geo Lon: -73.771045
Property Detail
Rooms Total: 10
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1921
Above Grade Finished Area: 2973
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2973
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-05-27
Under Contract Date: 2026-03-30
Sold Date: 2026-05-27
Sold Price: $353,000
Sold Price/SqFt: 118.74
Financial Details
General Taxes: 3253.84
General Taxes Description: Actual
School Taxes: 4024.09
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 3rd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 41400
Rental Income Description: Actual
Parking Features
Parking Total: 3
Separate Utilities
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
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 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
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 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
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 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
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
