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556 Washington Avenue

Albany NY 12203

8
2
2112 sq. ft.
1742.4 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
2 bathrooms
2112 sq. ft. floor area
1742.4 sq. ft. lot size
Duplex

Property history for 556 Washington Avenue

2024
Sold
$310,000
03 May 2024 by Nate Monson, of Miuccio Real Estate Group
2008
Sold
$34,900
01 Apr 2008 by Thomas Fedorson, of Greene County Realty
2005
Sold
$130,612
06 Jun 2005 by Caroline Weiss, of Better Homes and Gardens Tech

Happy sellers in Albany

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We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.

Local market activity for 8 bedroom duplexes in Albany

In the last 12 months, 6 eight-bedroom duplexes similar to 556 Washington Avenue, have been sold.

This represents a 38% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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