556 Washington Avenue Albany, NY $ 349,900
556 Washington Avenue
$ 349,900
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556 Washington Avenue

Albany, NY, 12203
$ 349,900
Bedrooms8 Baths2.0 Sq 2,112

Monthly Estimate*

$ 2,417

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Multi-Family Home for sale in Albany, NY

for $349,900 with 8 bedrooms and 2 full baths. This 2,112 square foot home was built in 1904 on a lot size of 0.04.

INVESTOR ALERT! FULLY RENTED 2-FAMILY - INCOME FROM DAY ONE! An excellent opportunity to add a fully occupied, income-producing property to your investment portfolio! This spacious Albany duplex offers two 4-bedroom, 1-bath units, providing a total of 8 bedrooms and strong rental potential. The first-floor unit features updated flooring and fresh paint. Additional improvements include new siding on one side, concrete paving around the property, an upgraded sump pump system with an additional backyard pump, and a basement laundry area. Conveniently located on Washington Avenue near universities, shopping, restaurants, and major transportation routes. Both units are rented, offering immediate rental income without the initial vacancy period. Whether you're expanding your portfolio or purchasing your first investment property, this is an opportunity worth exploring.

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Multi-Family Active

Price

$ 349,900

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,743

Style

Traditional

Lot Size

0.04

Year Built

1904

Town/City

Albany

County/Region

Albany

MLS | Web ID

202626450

Features
General
Sewer Public Sewer
Heating Forced Air
Possession At Closing
Roof Rubber
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Brick Vinyl Siding
Year Built 1904
Tenant Pays Heat Electricity
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 2
Status Active
Directions I-90 to Washington Ave. Between Ontario and Quail Streets.
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 1742.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3743.67
Home Warranty Y/N N
Water Sewer Expense 1164.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=30830&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 6.000
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Interior
Basement Full Unfinished
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2112.0
Half Baths 0
Laundry Features In Basement
Total Bedrooms 8
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 556
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* Excluded Features
List By
Rahul Aggarwal

Listing Agent

Tailored Real Estate Group

Broker

(916) 741-7698

Phone

rahulsell4u@gmail.com

Email

Affordability Calculator

$2,729
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$312
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$349,900 -4.14% Price Down
9/18/2026$365,000 Listed Price

Map


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556 Washington Avenue, Albany, NY, 12203 is a Multi-Family Home for sale at $349,900 with 2,112 sqft and a lot size of 0.04. 556 Washington Avenue has 8 bedrooms, 2.0 baths, and was built in 1904. The property's zip code is 12203 which is in Albany, NY