487 Washington Avenue, Albany, NY 12206

Local realty services provided by:HUNT Real Estate ERA
#1
487 Washington Avenue,Albany, NY 12206
$360,000
  • 6 Beds
  • 4 Baths
  • 3,564 sq. ft.
  • Multi-family
  • Active
Listed by:heather j morra
Office:mcdonald real estate comp llc.
MLS#:202523319
Source:Global MLS

Price summary

  • Price:$360,000
  • Price per sq. ft.:$101.01

About this home

4-unit investment property in prime rental location - within close proximity of Washington Park, the downtown SUNY Campus and St. Rose. Features incl. original hardwood floors & crown molding, tall ceilings & larger windows throughout. New appliances in some units. Updated electric and plumbing. Cash flow greater than 62K in rental income w/ room to grow! Minor TLC will make this place shine! Very Good Condition Top two 1 Bedroom Apartments are Vacant and with the Close proximity to Albany Med, great investment for Traveling Nurses! No current ROP. Property is being sold ''As Is''

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Home facts

  • Year built:1940
  • Listing Id #:202523319
  • Added:7 day(s) ago
  • Updated:August 13, 2025 at 02:26 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,564 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1940
  • Building area:3,564 sq. ft.
  • Lot area:0.08 Acres

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$101.01
  • Tax amount:$9,511
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