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Property at 288 Morton Avenue, Albany, NY 12209
IN ESCROW
0
$299,000

288 Morton AvenueAlbany, NY, 12209

6 Beds4 Baths2,973 SqFt0.09 Acres
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.
1 / 41

Est. Monthly

$1,417/mo

$299,000

288 Morton Avenue, Albany, NY

6 Beds4 Baths2,973 SqFt0.09 Acres

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.

StatusIn Escrow
Property TypeMulti Family
Property SubtypeTriplex
Year Built1921
Days on Market3 days

Est. Monthly Payment

$1,417.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

288 Morton Avenue

Albany, NY 12209 • Albany
6
Beds
4
Baths
2,973
SqFt
0.09
Acres
Status
In Escrow
Property Type
Multi Family
Property Subtype
Triplex
Year Built
1921105 years ago
Days on Market
3 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $7,277
  • School Taxes
    $4,024
  • Town/County Taxes
    $3,254
Property History
  • Listed for sale
    Mar 27, 2026 • GLOBAL MLS • 202614021
    $299,000
Mortgage Calculator
Estimated monthly payment for this property
$1,417.25
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202614021
  • Listing Office
    Field Realty
  • Last Updated
    54 days ago

Climate & Systems

  • Heating
    • Forced Air
    • Hot Water

Interior Features

  • Flooring
    • Hardwood
    • Tile
  • Basement
    Unfinished
  • Windows
    Double Pane Windows
  • Interior Features
    Built-in Features

Parking

  • Parking Features
    • Off Street
    • Paved
  • Parking Spaces
    3

Lot & Grounds

  • Lot Size
    0.09 acres
  • Lot Features
    • Level
    • Views
  • View
    Downtown
  • Fencing
    • Fenced
    • Perimeter
  • Exterior Features
    None

Type

  • Property Type
    Multi Family
  • Property Subtype
    Triplex
  • Architectural Style
    Traditional

Structure

  • Construction
    Vinyl Siding
  • Roof
    Asphalt

Condition

  • Year Built
    1921
  • Days on Market
    3 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Electric
    • 200+ Amp Service
    • Circuit Breakers
  • Utilities
    • Cable Available
    • Cable Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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