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274 Morton Avenue, Albany, NY 12209

Albany
Local realty services provided by:CENTURY 21 Adirondacks
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 08:43 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
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Angela Brown

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