142 Morton Ave
Albany, NY 12202
Multifamily Property For Sale · 13 Units
INVESTMENT HIGHLIGHTS
- GREAT VIEWS OF LICOLN PARK
- UPSIDE THROUGH INCREASING BELOW MARKET RENTS
- SHORT WALK TO ALBANY MEDICAL CENTER CAMPUS
PROPERTY FACTS
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,656 SF |
| No. Stories | 3 |
| Year Built | 1895 |
| Cross Streets | S Hawk |
ABOUT 142 MORTON AVE , ALBANY, NY 12202
THIRTEEN (13) UNIT APARTMENT BUILDING LOCATED DIRECTLY ACROSS FROM ALBANY'S SCENIC LINCOLN PARK JUST A SHORT WALK FROM ALBANY MEDICAL CENTER AND NUMEROUS COLLEGES. REAR ADJOINING LOT AT 113 CATHERINE STREET ALSO INCLUDED WHICH COULD BE ADDITIONAL ON-SITE PARKING. STRONG RENTAL AREA. UPSIDE FOR NEW OWNER TO INCREASE BELOW MARKET RENTS. GREAT INVESTMENT OPPORTUNITY!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 010100-076-056-0001-005-000-0000 | Improvements Assessment | $183,500 |
| Land Assessment | $7,300 | Total Assessment | $190,800 |
ZONING
| Zoning Code | R3B |
