James E. Kirby

431 Morris Street, Albany, NY 12208

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$285,000 Active
6 Beds 2 Baths 0 Partial Bath 1,820 Sq Ft 0.06 Acres
Days on Site 5 Year Built 1900 School Albany MLS #202612862
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Property Description

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 vacant and was rented for $1,515/month for the past 7 years, with projected market rent around $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%.

431 Morris Street | MLS# 202612862

This multi-family property located at 431 Morris Street, Albany, NY 12208 is currently listed for sale with an asking price of $285,000. Morris Street is located within the Albany school district. Search Albany real estate on jim-kirby.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Taxes: $5,694
Year Built: 1900

Feature Descriptions

Days on Site: 5
Exterior: None
Exterior: Vinyl Siding
Flooring: Vinyl
Parcel #: 010100 65.69-3-21
Parking Total: 0
Sewer: Public Sewer
SQFT Above Grade Finished: 1820
SQFT Below Grade Finished: 1820
Water: Public

Local Schools

High School: Albany
School District: Albany
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431 Morris Street, Albany, NY 12208

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Estimated Payment

$ 1,191.91 per month $634.29 Principal & Interest $474.50 Property Tax $83.13 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Gendron's Property Management
Agency Phone: 1 518-360-8492

Shown By

Agent Name: James E. Kirby
Agent Phone: (315) 345-5065 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 12:03:08 AM EST) or Global MLS (last updated Mon 03/09/2026 11:52:06 PM EST) or New York State Alliance MLS (last updated Mon 03/09/2026 11:58:37 PM EST) or Hudson Valley Catskill Region MLS (last updated Tue 03/10/2026 12:01:20 AM EST) or OneKey MLS (last updated Tue 03/10/2026 12:00:14 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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