Looking to cash flow? This 5 bed 2 bath investment property in Pine Hills is an excellent opportunity. Located in a prime area close to universities, shops & all amenities Albany has to offer. The property has a strong rental history, demanding $2,500 per month, which highlights its potential for consistent cash flow. With five bedrooms, it's ideally suited for student tenants or a group of roommates, making it attractive to families as well. Large 12X12 bedrooms. First floor laundry. Pine Hills is known for its proximity to universities, shops, and dining, which further adds to the rental appeal. If you're looking for an investment that provides stability in a highly sought-after location, this could be a perfect choice. Schedule your private showing today!
Closed
$183,900
500 Morris Street, Albany, NY 12208
5beds
1,800sqft
Single Family Residence, Residential
Built in 1900
3,920.4 Square Feet Lot
$195,500 Zestimate®
$102/sqft
$2,745 Estimated rent
Home value
$195,500
$170,000 - $225,000
$2,745/mo
Zestimate® history
Owner options
List your home for rent
$2,745/mo
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$2,745/mo
Rent Zestimate®
Refinance and save
$1,040/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,040/mo
Est. payment
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First floor laundry
Zillow last checked:
Listing updated:
Listed by:
Patrick Dunn 518-407-9834,
Core Real Estate Team
Bought with:
Kimberley A Willsey, 10401262796
eXp Realty
Source: Global MLS,MLS#: 202425012
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Electric Oven, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Flooring: Ceramic Tile
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 0
Property
Features
- Patio & porch: Front Porch
- Exterior features: Other
Lot
- Size: 3,920 sqft
Details
- Parcel number: 010100 64.76240
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding, Wood Siding
- Roof: Rubber,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Albany
- Subdivision: Pine Hills
Other
Other facts
- Ownership: Colello
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $183,900+41.5%$102/sqft |
Source:  Global MLS #202425012 Report a problem | ||
| 4/19/2019 | Sold | $130,000+39.8%$72/sqft |
Source: Global MLS #201829163 Report a problem | ||
| 5/16/2006 | Sold | $93,000+79.8%$52/sqft |
Source: Public Record Report a problem | ||
| 3/16/2005 | Sold | $51,729-34.3%$29/sqft |
Source: Public Record Report a problem | ||
| 6/25/2004 | Sold | $78,771+21.4%$44/sqft |
Source: Public Record Report a problem | ||
| 9/14/2001 | Sold | $64,900+116.3%$36/sqft |
Source: Public Record Report a problem | ||
| 8/14/2001 | Sold | $30,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $200,000 |
| 2024 | -- | $200,000 +78.6% |
| 2023 | -- | $112,000 |
| 2022 | -- | $112,000 |
| 2021 | -- | $112,000 |
| 2020 | -- | $112,000 |
| 2019 | -- | $112,000 |
| 2018 | -- | $112,000 |
| 2017 | $3,292 +11.9% | $112,000 |
| 2016 | $2,941 | $112,000 +14.6% |
| 2015 | -- | $97,700 |
| 2014 | -- | $97,700 |
| 2013 | -- | $97,700 |
| 2012 | -- | $97,700 |
| 2011 | -- | $97,700 |
| 2010 | -- | $97,700 |
| 2009 | -- | $97,700 |
| 2008 | -- | $97,700 |
| 2007 | -- | $97,700 +19.1% |
| 2006 | -- | $82,000 |
| 2005 | -- | $82,000 |
| 2004 | -- | $82,000 |
| 2003 | -- | $82,000 +14.2% |
| 2002 | -- | $71,800 |
| 2001 | -- | $71,800 |
| 2000 | -- | $71,800 |
Find assessor info on the county website
Neighborhood: Pine Hills
Nearby schools
GreatSchools rating
- 6/10New Scotland Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12208
- Pine Hills
- 500 Morris Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albany Topics
