556 Washington Avenue
Albany, NY 12203
$365,000
Turnkey income-producing property on Washington Avenue in Albany! This well-maintained multi-unit features two 4-bedroom, 1-bath units, offering 8 bedrooms and 2 bathrooms total. Both units are fully rented, providing income from Day 1.
Recent improvements include renovated first-floor unit with new flooring and fresh paint, concrete pavement surrounding the house, a basement laundry area, and a new sump pump system with an additional pump in the backyard. The left side of the house also features new siding.
A solid opportunity for investors looking to add a fully rented, income-producing multi-family property to their portfolio.
| Listing Id: | 202626450 |
|---|---|
| List Price: | $365,000 |
| Property Type: | Multi-Family |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 8 |
| Bathrooms Full: | 2 |
| Living Area: | 2,112 |
| Tax Annual Amount: | $3,744 |
| Lot Size Square Feet: | 1,742.4 |
| Lot Size Acres: | 0.04 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Select One |
| Postal Code: | 12203 |
| Year Built: | 1904 |
| List Agent Full Name: | Rahul Aggarwal |
| Exterior Features: | Other |
| Lot Size Units: | Acres |
| Association Fee Includes: | Sewer |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Basement: | Unfinished, Full |
| State Or Province: | NY |
| Special Listing Conditions: | Standard |
| Sewer: | Public Sewer |
| High School: | Albany |
| Laundry Features: | In Basement |
| Roof: | Rubber |
| Lot Size Area: | 0.04 |
| Documents Change Timestamp: | 2026-09-18T15:52:53Z |
| Heating: | Forced Air |
| Directions: | I-90 to Washington Ave. Between Ontario and Quail Streets. |
| Listing Contract Date: | 2026-09-17 |
| Parcel Number: | 010100 65.54-3-6 |
| List Agent Key: | 20211012215357419465000000 |
| Construction Materials: | Brick, Vinyl Siding |
| Water Sewer Expense: | $1,164 |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 2,112.0 |
| Owner Pays: | Water |
| Tenant Pays: | Electricity, Heat |
| Postal City: | Albany |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $365,000 |
| Possession: | At Closing |
| Below Grade Finished Area Source: | CRS |
| Bathrooms Total Decimal: | $2.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 2nd |
| Income And Expenses Rental Income: | $36,840.00 |
| Income And Expenses Rental Income Description: | Yearly |
| Income And Expenses Water Sewer Expense Desc: | Actual |
| Unit Information Number Of Refrigerators: | 2 |
| Unit Information Number Of Stoves: | 2 |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 1st Fl |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 5 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 4 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 2nd Fl |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 5 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 4 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Unit 1 Detail Rent: | 1,520 |
| Unit 1 Detail Total Bedrooms3: | 4 |
| Unit 1 Detail Bedrooms On 1st Floor: | 4 |
| Unit 1 Detail Full Baths 1st Floor: | 1 |
| Unit 1 Detail Kitchens 1st Floor: | 1 |
| Unit 1 Detail Living Rooms 1st Floor: | 1 |
| Unit 2 Detail Rent2: | 1,550 |
| Unit 2 Detail Total Bedrooms4: | 4 |
| Unit 2 Detail Total Full Baths4: | 1 |
| Unit 2 Detail Full Baths 2nd Floor2: | 1 |
| Unit 2 Detail Kitchens 2nd Floor2: | 1 |
| Unit 2 Detail Living Rooms 2nd Floor2: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Unit 1 Owner Furnish Features: | Water, Sewer |
| Unit 2 Owner Furnish Features: | Water, Sewer |
| Separate Utilities: | Electric, Gas |
| Architectural Style: | Traditional |
| Unit 1 Appliances: | Range, Refrigerator |
| Unit 2 Appliances: | Range, Refrigerator |
| Duplex Type: | Up And Down |
| Unit 1 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Unit 2 Includes: | Bathroom, Kitchen, Living Room, Refrigerator, Stove |
| Exterior Features: | Other |
Listing Courtesy of: Tailored Real Estate Group
Listing Agent: Rahul Aggarwal
916-741-7698
Mortgage Calculator
© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
