500 Washington Ave, Albany, NY

House

For Sale

Listed price in listed location currency (USD).

$265,000

620

MLS® 202610924

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 1920 sqft

Garage

Taxes $3,435

Days Active 84

Lot Size

Approx. Age 1900

Avg. Price Per Sqft $138

MLS® Number 202610924

Property Address: 500 Washington Ave, Albany, NY, 12203-1230

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number202610924

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

BasementFull

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 22, 2026List Date

$265,000List Price

Map

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