290 Morton Avenue, Albany, NY 12209 (MLS# 202614643)

$369,900

290 Morton Avenue
Albany, NY 12209
MLS# 202614643
Status: Pending
7 beds

1 / 81

Property Description
Offered for the first time in over 40 years, this well-maintained 4-unit property blends classic character with thoughtful updates throughout. The current owner has taken pride in preserving the original charm, featuring beautiful original woodwork and details you don't often find anymore.The building offers a common coin-operated washer and dryer for added tenant convenience, along with a rear deck overlooking Albany perfect for enjoying a great 4th of July fireworks show.Located in the heart of Albany, this property is within walking distance to local parks and is especially convenient for medical students, adding to its strong rental appeal. There is also off-street parking potential, adding further value and flexibility.Two units will be delivered vacant at closing, giving the next owner immediate upside and the ability to bring rents to market value. Current rents are $825 and $825, with projected market rents of $1,450 for the second-floor unit and $1,200 for the split first-floor/basement unit. At full market rents, the property has the potential to generate approximately $51,600 in gross annual income.This is a strong opportunity for investors or owner-occupants looking for a property with solid upside in a prime location.

Details

Maps

Documents

Contract Information

Original List Price: 369900

List Price/SqFt: 92.01

Status: Pending

Property Sub Type: Quadruplex

List Price: $369,900

Current Price: $369,900

Listing Contract Date: 2026-04-08

Location

City/Town (Mail): Albany

Street Number: 290

Street Name: Morton

Street Suffix: Avenue

County: Albany

State/Province: NY

Postal Code: 12209

Geo Lat: 42.645163

Geo Lon: -73.771118

Property Detail

Rooms Total: 20

Bathrooms Half: 1

Garage Spaces: 0

Above Grade Finished Area: 4020

Above Grade Finished Area Source: Plans

Parking Y/N: No

Below Grade Finished Area: 1000

Below Grade Finished Area Source: See Remarks

Living Area: 4020

Fireplaces Total: 2

Lot Size Dimensions: 29.3 X 88

Lot Size Acres: 0.06

Waterfront Y/N: No

Enhanced Accessible Y/N: No

Bedrooms Total: 7

Bathrooms Full: 4

Year Built: 1921

Status Change Info

Proposed Closing Date: 2026-05-31

Status Change Date: 2026-04-28

Under Contract Date: 2026-04-17

Parcel, Tax, HOA

New Construction Y/N: No

Parcel Number: 010100 76.47-2-3

Tax Annual Amount: 5107.11

Tax Section: 76.47

Total Taxes Description: Estimated

Tax Block: 2

Tax Lot: 3.000

School District: Albany

High School: Albany

Association Y/N: No

Directions & Remarks

Directions: Delaware ave to Morton Ave

Public Remarks: Offered for the first time in over 40 years, this well-maintained 4-unit property blends classic character with thoughtful updates throughout. The current owner has taken pride in preserving the original charm, featuring beautiful original woodwork and details you don't often find anymore.The building offers a common coin-operated washer and dryer for added tenant convenience, along with a rear deck overlooking Albany perfect for enjoying a great 4th of July fireworks show.Located in the heart of Albany, this property is within walking distance to local parks and is especially convenient for medical students, adding to its strong rental appeal. There is also off-street parking potential, adding further value and flexibility.Two units will be delivered vacant at closing, giving the next owner immediate upside and the ability to bring rents to market value. Current rents are $825 and $825, with projected market rents of $1,450 for the second-floor unit and $1,200 for the split first-floor/basement unit. At full market rents, the property has the potential to generate approximately $51,600 in gross annual income.This is a strong opportunity for investors or owner-occupants looking for a property with solid upside in a prime location.

Sewer

Public Sewer: 1

Architectural Style

Traditional: 1

Attic Features

Finished: 1

Full: 1

Cooling

Window Unit(s): 1

Basement

Apartment: 1

Finished: 1

Full: 1

Heated: 1

Walk-Out Access: 1

Bath Levels

Full Bath 1: Basement

Full Bath 2: 2nd

Full Bath 3: 3rd

Full Bath 4: 2nd

Half Bath 1: Basement

Lot Features

Cleared: 1

Landscaped: 1

Construction Materials

Aluminum Siding: 1

Photos - the contractual owner of the photos

Photo Owner: Broker

Possession

At Closing: 1

Exterior Features

Garden: 1

Fireplace Features

Dining Room: 1

Flooring

Carpet: 1

Hardwood: 1

Tile: 1

Showing Requirements

Call Listing Agent: 1

Lockbox: 1

Special Listing Conditions

Ownership: Stephen Thomas Zborowski

Utilities

Cable Available: 1

View

Downtown: 1

Water Source

Public: 1

Heating

Baseboard: 1

Hot Water: 1

Radiant: 1

Income And Expenses

Rental Income: 51600

Rental Income Description: Estimated

Total Income: 51600

Total Income Description: Gross

Interior Features

Built-in Features: 1

Cathedral Ceiling(s): 1

Ceramic Tile Bath: 1

Crown Molding: 1

High Speed Internet: 1

Open Floorplan: 1

Solid Surface Counters: 1

Laundry Features

Common Area: 1

Parking Features

Other: 1

Patio And Porch Features

Deck: 1

Owner Pays

Electricity: 1

Gas: 1

Heat: 1

Hot Water: 1

Sewer: 1

Water: 1

Levels

Three Or More: 1

Security Features

Carbon Monoxide Detector(s): 1

Smoke Detector(s): 1

Separate Utilities

Electric: 1

Gas: 1

Number Of Separate Electric Meters: 2

Number Of Separate Gas Meters: 2

Tenant Pays

Internet: 1

Unit Information

Number Of Air Conditoners: 1

Number Of Dishwashers: 2

Number Of Dryers: 1

Number Of Refrigerators: 4

Number Of Stoves: 4

Number Of Washers: 1

Multi-Family Unit 1 Detail

Unit Location MF Unit 1: 1st

Occupant Type MF Unit 1: Owner

Monthly Rent MF Unit 1: 1200

Rent Desc. MF Unit 1: Estimated

Total Rooms MF Unit 1: 6

Total Bedrooms MF Unit 1: 2

Total Full Baths MF Unit 1: 1

Total Half Baths MF Unit 1: 1

Unit 1 Includes

Bathroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Refrigerator: 1

Stove: 1

Unit 1 Owner Furnish Features

Electricity: 1

Heat: 1

Unit 1 Detail

Rent: 1200

Rent Description Unit 1: Estimated

Occupant Type Unit 1: Vacant

Total Bedrooms: 2

Bedrooms In Basement: 2

Total Full Baths: 1

Total Half Baths: 1

Dining Rooms In Basement: 1

Kitchens In Basement: 1

Other Rooms 1st Floor: 1

Unit 1 Dining Room Type

Dining Area: 1

Formal Dining Room: 1

Great Room: 1

Unit 1 Appliances

Range: 1

Refrigerator: 1

Unit 1 Amenities

Built-in Features: 1

Cable Available: 1

Ceramic Tile: 1

High Speed Internet: 1

Multi-Family Unit 2 Detail

Unit Location MF Unit 2: 1st Rear

Occupant Type MF Unit 2: Tenant

Monthly Rent MF Unit 2: 825

Rent Desc. MF Unit 2: Estimated

Lease Term MF Unit 2: 12 Months

Total Rooms MF Unit 2: 5

Total Bedrooms MF Unit 2: 1

Total Full Baths MF Unit 2: 1

Unit 2 Owner Furnish Features

Electricity: 1

Heat: 1

Unit 2 Detail

Rent: 825

Rent Description Unit 2: Actual

Lease Term Unit 2: 12 Months

Occupant Type Unit 2: Tenant

Total Bedrooms: 2

Total Full Baths: 1

Dining Rooms 1st Floor: 1

Kitchens 1st Floor: 1

Living Rooms 1st Floor: 1

Unit 2 Includes

Bathroom: 1

Kitchen: 1

Living Room: 1

Refrigerator: 1

Stove: 1

Unit 2 Dining Room Type

Combined DR/LR: 1

Unit 2 Appliances

Range: 1

Refrigerator: 1

Unit 2 Amenities

Built-in Features: 1

Cable Available: 1

High Speed Internet: 1

Multi-Family Unit 3 Detail

Unit Location MF Unit 3: 2nd

Occupant Type MF Unit 3: Tenant

Monthly Rent MF Unit 3: 1450

Rent Desc. MF Unit 3: Estimated

Lease Term MF Unit 3: Other

Total Rooms MF Unit 3: 7

Total Bedrooms MF Unit 3: 2

Total Full Baths MF Unit 3: 1

Unit 3 Owner Furnish Features

Electricity: 1

Heat: 1

Unit 3 Includes

Bathroom: 1

Dishwasher: 1

Fireplace: 1

Kitchen: 1

Living Room: 1

Refrigerator: 1

Stove: 1

Unit 3 Detail

Rent: 1450

Rent Description Unit 3: Estimated

Lease Term Unit 3: Other

Occupant Type Unit 3: Tenant

Kitchen Unit 3: Eat In

Total Rooms Unit 3: 6

Total Bedrooms: 1

Bedrooms on 2nd Floor: 1

Full Baths 2nd Floor: 1

Dining Rooms 2nd Floor: 1

Living Rooms 2nd Floor: 1

Unit 3 Amenities

Built-in Features: 1

Ceramic Tile: 1

High Speed Internet: 1

Unit 3 Dining Room Type

Dining Area: 1

Unit 3 Appliances

Dishwasher: 1

Range: 1

Refrigerator: 1

Multi-Family Unit 4 Detail

Unit Location MF Unit 4: 3rd

Occupant Type MF Unit 4: Tenant

Monthly Rent MF Unit 4: 825

Rent Desc. MF Unit 4: Actual

Lease Term MF Unit 4: 12 Months

Total Rooms MF Unit 4: 4

Total Bedrooms MF Unit 4: 1

Total Full Baths MF Unit 4: 1

Unit 4 Owner Furnish Features

Electricity: 1

Heat: 1

Unit 4 Includes

Bathroom: 1

Dishwasher: 1

Kitchen: 1

Living Room: 1

Refrigerator: 1

Stove: 1

Unit 4 Detail

Rent: 825

Rent Description Unit 4: Actual

Lease Term Unit 4: 12 Months

Occupant Type Unit 4: Tenant

Kitchen Unit 4: Eat In

Total Rooms Unit 4: 4

Total Bedrooms: 1

Bedrooms on 3rd Floor: 1

Full Baths 3rd Floor: 1

Dining Rooms 3rd Floor: 1

Living Rooms 3rd Floor: 1

Unit 4 Dining Room Type

Combined DR/LR: 1

Unit 4 Appliances

Dishwasher: 1

Range: 1

Refrigerator: 1

Unit 4 Amenities

Cable Available: 1

High Speed Internet: 1

Property Features

Architectural Style: Traditional

Attic Features: Finished; Full

Basement: Apartment; Finished; Full; Heated; Walk-Out Access

Construction Materials: Aluminum Siding

Cooling: Window Unit(s)

Exterior Features: Garden

Fireplace Features: Dining Room

Flooring: Carpet; Hardwood; Tile

Heating: Baseboard; Hot Water; Radiant

Interior Features: Built-in Features; Cathedral Ceiling(s); Ceramic Tile Bath; Crown Molding; High Speed Internet; Open Floorplan; Solid Surface Counters

Laundry Features: Common Area

Levels: Three Or More

Lot Features: Cleared; Landscaped

Owner Pays: Electricity; Gas; Heat; Hot Water; Sewer; Water

Parking Features: Other

Patio And Porch Features: Deck

Possession: At Closing

Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)

Separate Utilities: Electric; Gas

Sewer: Public Sewer

Showing Requirements: Call Listing Agent; Lockbox

Tenant Pays: Internet