610-612 Morris Street, Albany, NY 12208
MULTI_FAMILY - Albany, NY
- Added:
- Jun 24, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 3 at 1:06 am
Property Features for 610-612 Morris Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 8
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 2
- Window features
- Aluminum Frames, Wood Frames
- Patio and Porch features
- Porch
- Interior features
- Walk-In Closet(s), Built-in Features
- Basement
- Unfinished, Full
- Standard status
- Active Under Contract
- APN
- 010100 64.67-2-22
- Size
- 2,544 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7230
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Radiant, Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Aluminum Siding
- Roof type
- Shingle, Asphalt
Listing agent Jonathan Minerick License #10311209448 (888) 400-2513
Listing office Homecoin.com 600 B St. Ste 300, San Diego, NY (888) 400-2513
Listing date Jun 24, 2026
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large 8‑bed duplex with two separate units (4 beds, 1 bath each)
- Recent rents of $4,000–$4,200 per month
- Completely separate meters; tenants responsible for gas/electric
- Flat 1.3 miles by foot to Albany Med and St. Peter's Hospital
- Bus stops about 5 minutes by foot
- Built in 1925 with aluminum siding, shingle/asphalt roof, and radiant hot‑water heating
Overview
The duplex is located at 610-612 Morris Street in Albany, NY 12208, in a Multi Residence zoning designation. The property is described as sitting directly across from a former college campus, now Albany County Sheriff HQ and other government offices. The listing further describes nearby access to Albany Med and St. Peter’s Hospital, noted as about 1.3 miles by foot, and bus stops described as roughly 5 minutes by foot.
With two self-contained units and tenant-paid gas/electric via separate meters, this property may appeal to buyers seeking a straightforward residential income setup with clear utility responsibility. The layout also lends itself to tenant types that prefer multi-bedroom arrangements, including households working in or near the nearby medical facilities identified in the remarks.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $17.40 |
| − Vacancy | −$2.9k | −$1.13 |
| EGI | $41.4k | $16.27 |
| − OpEx | −$12.4k | −$4.88 |
| NOI | $29.0k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.788357
- Latitude
- 42.662172
