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8 Beds
2 Baths
2,112 sqft

$349,900

556 Washington Avenue, Albany NY, 12203

Price per sqft$165.67
Built in1904
Property size2,112 sqft
Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 7 days ago

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.

$2,328/mo

Est. mortgage payment based on a $349,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202626450

Interior Features

Bedrooms
8
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$3,744
Tax Frequency
Annually

Listed by Rahul Aggarwal with Tailored Real Estate Group
Listing Contact: 916-741-7698 

The IDX display contains information sourced from Global MLS as of 10/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/16/2026 at 5:13 AM UTC

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