274 Morton Avenue, Albany, NY 12209

Albany
Local realty services provided by:HUNT Real Estate ERA
274 Morton Avenue,Albany, NY 12209
$469,000
  • 9 Beds
  • 3 Baths
  • 3,699 sq. ft.
  • Multi-family
  • Active
Listed by: qiu qin zheng
Office: gilcrest properties
MLS#:202629205
Source:Global MLS

Price summary

  • Price:$469,000
  • Price per sq. ft.:$126.79

About this home

Investors and owner-occupants — don't miss this beautifully renovated 3-family in Albany's Delaware Avenue neighborhood! With 3,699 sq ft, this 9-bedroom, 3-bath home offers three spacious units (3 bed / 1 bath each), ALL renovated within the past 2-3 years — truly turnkey with minimal deferred maintenance. The 1st and 3rd floors are rented at $1,500/month each, and the 2nd floor is VACANT and ready for you to move right in: live in one unit and let the other two help pay your mortgage, or lease it out at an estimated $1,600-$1,700/month. Gross potential rent of $55,200-$56,400/year with a pro forma NOI of approx. $41,900-$43,100 (approx. 8.9%-9.2% cap rate at list price). Prime location just off Delaware Ave: steps to Lincoln Park — home to the newly renovated $25M Lincoln Park Pool (free for Albany residents), plus tennis and basketball courts, ball fields and playgrounds; approx. 1 mile to Albany Medical Center, and close to Albany College of Pharmacy, Albany Law School and Sage...

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Home facts

  • Year built:1925
  • Listing ID #:202629205
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 09:38 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate
  • Basement Description:Unfinished
  • Living area:3,699 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1925
  • Building area:3,699 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Aluminum Siding
  • Exterior Features:Garden

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$469,000
  • Price per sq. ft.:$126.79
  • Tax amount:$8,504
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