587 Washington Avenue, Albany, NY 12206

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6 Beds 2 Baths 0 Partial Bath 2,438 Sq Ft 0.08 Acres

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Property Description

Income-producing duplex featuring two 3-bedroom, 1-bath units with separate utilities. One unit is occupied by a long-term month-to-month tenant paying $1,500 per month, while the second unit is currently being marketed for lease at $1,600 per month. Separate utilities, public water and sewer, and off-street parking help keep operating expenses manageable. Conveniently located near downtown Albany, colleges, hospitals, shopping, restaurants, and major commuter routes. A solid investment opportunity with current income and future upside potential.

587 Washington Avenue | MLS# 202619937

This multi-family property located at 587 Washington Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $275,000. Washington Avenue is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: None

Heating: Baseboard, Hot Water, Natural Gas

Home Style: Traditional

Lot Size: 0.08 Acres

Roof Type: Rubber

Taxes: $5,590

Year Built: 1920

Feature Descriptions

Exterior: None

Exterior: Aluminum Siding, Vinyl Siding

Fencing: Chain Link

Flooring: Ceramic Tile, Hardwood

Foundation: Stone

Laundry: Laundry Room, Main Level

Lot: Level

Parcel #: 010100 65.53-1-49

Parking: Off Street, Paved, Driveway

Parking Total: 1

Patio/Porch: Rear Porch, Enclosed, Front Porch

Security: Smoke Detector(s), Carbon Monoxide Detector(s)

Sewer: Public Sewer

SQFT Above Grade Finished: 2438

Structures: Shed(s)

Utilities: Cable Connected

Water: Public

Local Schools

High School: Albany

School District: Albany

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Estimated Payment

$ 1,158.07 per month $612.03 Principal & Interest $465.83 Property Tax $80.21 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-371-4500

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

587 Washington Avenue, Albany, NY 12206

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 12:46:02 AM EST) or Global MLS (last updated Fri 06/19/2026 12:38:10 AM EST) or New York State Alliance MLS (last updated Fri 06/19/2026 12:43:10 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 06/19/2026 12:11:26 AM EST) or OneKey MLS (last updated Fri 06/19/2026 12:42:36 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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587 Washington Avenue, Albany, NY 12206

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Property Description

587 Washington Avenue | MLS# 202619937

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Property Features

Feature Descriptions

Local Schools

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587 Washington Avenue, Albany, NY 12206

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587 Washington Avenue, Albany, NY 12206

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