NOT LISTED FOR SALE

150 Morton Ave Albany, NY 12202

South End Neighborhood
4 Beds
4 Baths
3,240 Sq Ft
8,712 Sq Ft Lot

Last Sold October 24, 2024

Last sale price $351,000 $108 Per Sq Ft

16 Days on Market

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Enclosed Patio or Porch
  • Deck
  • No HOA
  • 3-minute walk to Lincoln Park

About This Home

As of October 2024

An excellent opportunity to add to an existing portfolio or for the first time owner occupant. Cash Flowing solid brick rare 4 Unit building with strong rental history. Excellent location that features walkability to nearby community amenities and major institutions. Walking distance to Empire State Plaza, Albany Medical Center, Albany College of Pharmacy and Albany Law. Very easy commute to downtown Albany and across from Lincoln Park. The units consist of 4 1BR/1BA each with separate utilities, off street parking, and on-site shared laundry. In great shape and turn key 2 vacant units ready for its next owner.

Last Agent to Sell the Property

David Schrepper

RE/MAX Solutions License #40SC1054070 Listed on: 07/12/2024

RE/MAX Solutions

Co-Listed By

Logan Kader

REMAX Solutions

Last Buyer's Agent

Savita Hanspal

eXp Realty License #10401305775

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x132
  • Level Lot
  • Cleared Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Insurance Expense $1,600

Listing and Financial Details

  • Tenant pays for heat, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 3.001 / 1
  • Assessor Parcel Number 010100 76.56-1-3.1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,712

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Electric Expense: 1200.0
  • Zoning: Multi Residence
  • Year Built: 1870
  • Directions: Delaware Ave to a left onto Morton, home is on the right hand side directly across from Lincoln Park
  • Above Grade Finished Sq Ft: 3240.0
  • Architectural Style: Other
  • Financial Details General Taxes: 3125.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 4587.95
  • School Taxes Description: Actual
  • Lot Size Acres: 0.2
  • Lot Size: 67x132
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Rental Income: 4400.0
  • Rental Income Description: Estimated
  • Income: 52800.0
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Unit Information Number Of Washers: 1
  • Co List Office Mls Id: o2834A
  • Co List Office Phone: 518-318-3800
  • Laundry Features:Main Level: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Common Area: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Linoleum
  • Basement: Full, Unfinished, Walk-Out Access
  • Interior Amenities: Ceramic Tile Bath
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1470.0
  • Living Area: 3240.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Owner Pays: Trash Collection, Sewer, Water
  • Fireplace: No
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 1 Owner Furnish Features:Management3: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle, Asphalt
  • Construction Type: Brick
  • Other Structures: None
  • Patio And Porch Features: Deck, Enclosed, Front Porch
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric, Space Heater, Natural Gas
  • Laundry Features: Common Area, Gas Dryer Hookup, Main Level, Washer Hookup
  • Security: Fire Escape, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 3 Amenities:Ceramic Tile4: Yes
  • Unit 4 Amenities:Ceramic Tile5: Yes

Fee Information

  • Annual Water Sewer Expense: 500.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Cleared
  • Parcel #: 010100 76.56-1-3.1
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 1600.0

Tax Info

  • Tax Annual Amount: 7712.0
  • Tax Block: 1
  • Tax Lot: 3.001

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $351,000 +6.4% $108 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $329,900 -- $102 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Schrepper

    Seller's Agent in 2024

    David Schrepper

    RE/MAX

    (518) 330-4209

    1 in this area

    187 Total Sales

    David Schrepper
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Logan Kader

    RE/MAX

  • Savita Hanspal

    Buyer's Agent in 2024

    Savita Hanspal

    eXp Realty

    (732) 770-6877

    1 in this area

    37 Total Sales

    Savita Hanspal
    Section Image
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Map

Source: Global MLS

MLS Number: 202421293

Global MLS
New York Albany County Albany 12202 South End

150 Morton Ave, Albany, NY

Not Listed for Sale

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