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Active
New Listing
$365,000
556 Washington Avenue
Albany, NY 12203 · Albany County
8Beds
2Baths
2,112Sq Ft
0.04acres lot
1904Year Built
$173Per Sq Ft
MLS# 202626450 Updated just now
Sharon’s Take
This Albany duplex on Washington Avenue offers two four-bedroom, one-bath units totaling 2,112 square feet on a compact lot. Built in 1904, the property is fully rented and generating income immediately. Recent updates include new flooring and paint on the first-floor unit, new siding on one side, concrete pavement, basement laundry facilities, and upgraded sump pump systems. The home has forced air heating, a full unfinished basement, and no HOA fees. Albany's vibrant downtown, cultural institutions, dining scene, and proximity to the Adirondacks make the city an appealing location for investors seeking a stabilized rental property.
Sharon Fronk · Howard Hanna Capital Region
About this property
Turnkey income-producing property on Washington Avenue in Albany! This well-maintained multi-unit features two 4-bedroom, 1-bath units, offering 8 bedrooms and 2 bathrooms total. Both units are fully rented, providing income from Day 1. Recent improvements include renovated first-floor unit with new flooring and fresh paint, concrete pavement surrounding the house, a basement laundry area, and a new sump pump system with an additional pump in the backyard. The left side of the house also features new siding. A solid opportunity for investors looking to add a fully rented, income-producing multi-family property to their portfolio.
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Albany sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$173
Days on market
New today
Fresh listing
Year built
1904
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsProperty details
28 facts pulled straight from the MLS listing.
Overview
Property TypeMulti-Family
Sub-TypeDuplex
Year Built1904
StatusActive
MLS Number202626450
ListedSeptember 18, 2026
Interior
Bedrooms8
Bathrooms2 full
Living Area2,112 sq ft
Heating
Forced Air
Basement
FullUnfinished
Interior Features
Full Unfinished Basement
Exterior & Lot
Lot Size0.04 acres
Exterior Features
Other
Building & Construction
Architectural Style
Traditional
Construction
BrickVinyl Siding
Roof
Rubber
Sewer
Public Sewer
Water Source
Public
Financial
List Price$365,000
Price per Sq Ft$173
Special Conditions
Standard
Est. Monthly P&I$1,846/mo
Location
CountyAlbany
School DistrictAlbany
Listing Details
Listed ByRahul Aggarwal of Tailored Real Estate Group
Data SourceSpark Platform / Global MLS
Last UpdatedSep 18, 2026
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Albany sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$173
Days on market
New today
Fresh listing
Year built
1904
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsEstimated monthly payment
per mo$2,682
- Principal & Interest$1,846
- Property Tax$730
- Insurance$106
Loan Term
Tax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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- Start556 Washington Avenue, Albany, NY 12203
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Schools
The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Albany
Assigned school district
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
About Albany, NY
Albany is in Albany County, NY. There are currently 276 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 15% above the Albany median of $317,450.
See Sharon's Albany community guideListed by
Who holds this listing, and where the data comes from.
- Listing agent
- Rahul Aggarwal
- Listing office
- Tailored Real Estate Group
- Office phone
- 916-741-7698
- MLS number
- 202626450
- Source
- Global MLS
- Listed on
- September 18, 2026
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Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Tailored Real Estate Group · Listed by Rahul Aggarwal (30182)
Contact: 916-741-7698
MLS #202626450 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
