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$315,000
Monthly Est:$1,568
6 Beds
2 Baths2 full baths
2,438sqft
587 Washington Ave, Albany, NY 12206
$315,000
$1,568/moEst:
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Duplex
Built in 1920
$-- HOA
0.08 acre lot
$129/sq.ft
Description
Sunlight and beautiful hardwood floors highlight this ideally located, recently updated Albany duplex! Each spacious unit offers 3 bedrooms and 1 full bath, with separate tenant-paid utilities. Unit 1 is leased at $1,600 per month, providing immediate rental income, while beautifully updated Unit 2 is vacant and ready for an owner-occupant or new tenant, with estimated rental potential of $1,700 per month. Together, the units offer projected annual gross rental income of $39,600. A brand-new sewer line extending to the city connection represents a significant investment already made by the seller. Public water and sewer, off-street parking, and convenient access to downtown Albany, colleges, hospitals, shopping, dining, and major commuter routes add to the appeal. An excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income!
- Houzeo last checked: 3 minutes ago
- Listing updated: October 23, 2026 at 1:23 am
- Listing Provided by: Lisa Patentreger (518) 852-8616 DRE #10401373194 | Howard Hanna Capital Inc (518) 371-4500
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202619937
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
2,438 sqft
Lot Size
0.08 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202619937
MLS Status
Active
Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Interior
Exterior Features
None
Flooring
Ceramic Tile, Hardwood
Sewer
Public Sewer
Heating
Baseboard, Hot Water, Natural Gas
Cooling
None
Construction
Year Built
Year Built: 1920
Home type
Duplex
Roof
Rubber
Foundation Details
Brick/mortar
Architectural Style
Traditional
Construction Materials
Aluminum Siding, Vinyl Siding
Utilities & Energy
Basement
Full, Unfinished
Laundry Features
Laundry Room, Main Level
Utilities
Cable Connected
Parking Features
Off Street, Paved, Driveway
Security Features
Smoke Detector(s), Carbon Monoxide Detector(s)
Electric
100 Amp Service
Water Source
Public
Other Features
Lot Features
Level
Tenant Pays
Hot Water, Heat, Internet, Cable Tv, Electricity, Gas
Patio And Porch Features
Rear Porch, Covered, Enclosed, Front Porch
Price History
| Date | Event | Price |
|---|---|---|
10/21/2026 Source: | Price Increased | $315,000 +14.55% $129/sqft |
06/18/2026 Source: | Off Market | $275,000 $113/sqft |
06/18/2026 Source: | Listed for Sale | $275,000 +66.67% $113/sqft |
06/04/2018 Source: | Price Decreased | $165,000 -5.66% $68/sqft |
06/04/2018 Source: | Sold | $174,900 $72/sqft |
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Based on information from the Global Multiple Listing Service, Inc. through Oct 30, 2026, 08:30AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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