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431 Morris Street, Albany, NY 12208

Albany
Local realty services provided by:CENTURY 21 North East
431 Morris Street,Albany, NY 12208
$285,000
Virtual Tour
  • 6 Beds
  • 2 Baths
  • 1,820 sq. ft.
  • Multi-family
  • Active
Listed by: ellen evans
Office: gendron's property management
MLS#:202612862
Source:Global MLS

Price summary

  • Price:$285,000
  • Price per sq. ft.:$156.59

About this home

Great opportunity for Investor or owner occupant, convenient location close to Albany Medical center, Albany Law, 4 bedroom top floor units 3 bedrooms downstairs. Recently renovated kitchen, new floors, new windows, freshly painted. Unit 1 is currently rented at $1,498/month. Unit 2 is currently rented at $1,600/month. Stabilized gross rent is approximately $3,098/month ($37,176/year). Estimated operating expenses are: taxes ($5,473/yr), insurance ($1,600/yr), and water/sewer (~$1,200/yr), for total estimated annual operating expenses of ~$8,273 and estimated NOI of ~$28,903/year (~$2,408/month). Estimated Cap rate is approximately 10.1%.

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Home facts

  • Year built:1900
  • Listing ID #:202612862
  • Added:85 day(s) ago
  • Updated:May 30, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl
  • Basement Description:Full
  • Living area:1,820 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:1,820 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$285,000
  • Price per sq. ft.:$156.59
  • Tax amount:$5,694
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: Jim D’Amico

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