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500 Washington Avenue, Albany, NY 12203

Albany
Local realty services provided by:CENTURY 21 North East
500 Washington Avenue,Albany, NY 12203
$265,000
Virtual Tour
  • 6 Beds
  • 2 Baths
  • 1,920 sq. ft.
  • Multi-family
  • Active
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 with strong upside potential. 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. The 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. 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...

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Home facts

  • Year built:1900
  • Listing ID #:202610924
  • Added:51 day(s) ago
  • Updated:March 15, 2026 at 12:48 AM

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
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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