500 Washington Avenue, Albany, NY 12203
Local realty services provided by:CENTURY 21 North East
Listed by: peter melito, isabell shields
Office: akoma realty services llc.
MLS#:202610924
Source:Global MLS
Price summary
- Price:$265,000
- Price per sq. ft.:$138.02
About this home
Cash-flowing Pine Hills duplex has strong upside potential. Its location places tenants within close distance of UAlbany, Albany Med, neighborhood restaurants, and public transportation. The property also sits close to Townsend Park and the proposed International District, both identified as areas of importance in Albanys $200 Million revitalization plan
This income producing property presents a great opportunity for investors or house-hack buyers seeking steady rental income in one of Albany's most consistent rental markets. Unit 2 is currently rented for $2000 month and Unit 1, currently vacant, has a projected rent of $1300 with room for growth.
Investment highlights include a history of strong rental income, desirable unit layouts, separate utilities (including a new high efficiency boiler), and updated bathrooms.
Whether you are an investor looking to expand your portfolio with a stable income-producing property, or a buyer interested in living in one unit while the other offsets your mortgage, this duplex offers both day one cash flow and long-term upside potential in a well-established rental location....
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Home facts
- Year built:1900
- Listing ID #:202610924
- Added:96 day(s) ago
- Updated:April 28, 2026 at 11:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Full
- Living area:1,920 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1900
- Building area:1,920 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Aluminum Siding
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$265,000
- Price per sq. ft.:$138.02
- Tax amount:$3,435
Features and amenities
- Laundry features:Washer Hookup
- Amenities:Built-in Features, High Speed Internet
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