558 Washington Avenue, Albany, NY 12203

Albany
Local realty services provided by:HUNT Real Estate ERA
558 Washington Avenue,Albany, NY 12203
$325,000
Virtual Tour
  • 7 Beds
  • 3 Baths
  • 2,562 sq. ft.
  • Multi-family
  • Pending
Listed by: daniel odabashian, samantha curry
Office: new scotland realty
MLS#:202610506
Source:Global MLS

Price summary

  • Price:$325,000
  • Price per sq. ft.:$126.85

About this home

Fully occupied, cash-flowing three-unit property located in a desirable student rental area. Each unit features a 2-bedroom, 1-bath layout and the property is currently achieving an impressive 8.34% cap rate. With an exceptionally strong rental history and consistent performance over the past 11 years, this asset offers reliable income and proven stability. Conveniently situated just 11 minutes from the nearest bus stop, providing easy access to campus and surrounding amenities, walking distance to Albany High. An excellent opportunity for investors seeking a high-performing property in a high-demand rental market. Value add potential with a 3 car garage located directly behind property. Can be packaged with 3-unit 238 Ontario St or sold separately.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1904
  • Listing ID #:202610506
  • Added:57 day(s) ago
  • Updated:March 10, 2026 at 07:29 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Full
  • Living area:2,562 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1904
  • Building area:2,562 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Traditional
  • Construction Materials:Shingle Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$126.85
  • Tax amount:$5,291
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

New listings near 558 Washington Avenue