270 Morton Ave Albany, NY 12209
Lincoln Park NeighborhoodEstimated payment $3,110/month
Total Views
9,144
5
Beds
4
Baths
2,714
Sq Ft
$175
Price per Sq Ft
Highlights
- Wood Flooring
- No HOA
- Built-In Features
- Solid Surface Countertops
- Front Porch
- Crown Molding
About This Home
Incredible Investment Opportunity! This spacious 4-unit building includes two 1-bedroom units, one 3-bedroom unit, + a first floor office space that could easily be converted back to an additional 1-bedroom apartment- offering excellent rental flexibility + income potential. Key improvements include a new furnace (2020) for 1st floor front unit, 2 hot water tanks (2022), New Kitchen w/granite (2023) 1st floor rear, New bathrooms (2023) 1st floor rear + 2nd floor +(2024) 1st floor front. Rare bonus: off-street parking for 4 vehicles enhancing tenant convenience + appeal. Whether you are looking to expand your portfolio or start strong with a high-demand rental property, this building offers both strong cash flow potential + long term value. Could be sold as a package with 272 Morton
Listing Agent
Staged Nest Real Estate LLC License #10491205899 Listed on: 05/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,322
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- Quadruplex
- Rubber Roof
- Concrete Perimeter Foundation
- Asphalt
Interior Spaces
- 2,714 Sq Ft Home
- Built-In Features
- Crown Molding
- Paddle Fans
- Wood Burning Fireplace
- French Doors
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 4 Full Bathrooms
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Apartment Living Space in Basement
Parking
- 4 Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Front Porch
Schools
- Albany High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Electric Baseboard Heater
- 100 Amp Service
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 11.000 / 2
- Assessor Parcel Number 010100 76.47-2-11
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Insurance Expense $2,710
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,921 | $242,000 | $48,400 | $193,600 |
| 2023 | $2,956 | $75,000 | $21,400 | $53,600 |
| 2022 | $3,161 | $75,000 | $21,400 | $53,600 |
| 2021 | $3,154 | $75,000 | $21,400 | $53,600 |
| 2020 | $2,846 | $75,000 | $21,400 | $53,600 |
| 2019 | $2,953 | $75,000 | $21,400 | $53,600 |
| 2018 | $2,852 | $75,000 | $21,400 | $53,600 |
| 2017 | $1,089 | $75,000 | $21,400 | $53,600 |
| 2016 | $2,766 | $75,000 | $21,400 | $53,600 |
| 2015 | $3,787 | $103,200 | $20,600 | $82,600 |
| 2014 | -- | $103,200 | $20,600 | $82,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $475,000 | -- | $175 / Sq Ft |
Source: Global MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $172,000 | Commercial | |
| Closed | $184,500 | Commercial |
Source: Public Records
Similar Homes in Albany, NY
Source: Global MLS
MLS Number: 202517307
APN: 010100-076-047-0002-011-000-0000
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