# 556 Washington Avenue, Albany, NY 12203 > **TL;DR:** 8bd/2ba multi-family, $349,900 ($166/sqft), built 1904, 2,112 sqft. Est. $1,871/mo. Listed 42 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $349,900 | | Price/sqft | $166 | | Bedrooms | 8 | | Bathrooms | 2 full | | Square Feet | 2,112 | | Year Built | 1904 | | Lot Size | 1,742 sqft (0.04 acres) | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 42 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,769 | | Estimated Insurance | $102 | | **Total** | **$1,871** | ## Nearby Schools - **High:** Albany ## Property Highlights - Built in 1904 - 0.04 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 556 Washington Avenue, Albany, NY 12203 - **County:** Albany - **Coordinates:** 42.664422, -73.777089 - **Google Maps:** https://www.google.com/maps?q=42.664422,-73.777089 ## Virtual Tour & Media - **Video Tour:** https://app.doaudiotours.com/unbranded?id=30830&lang=en-US ## Listing Agent - **Name:** Rahul Aggarwal · **License:** 10401282672 - **Brokerage:** Tailored Real Estate Group - **Broker Phone:** (518) 400-2550 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/556-Washington-Ave_Albany_NY_12203_M49583-92082?f=listhub&s=CRMLSNY&m=202626450&c=propsimple) ## Photos ![556 Washington Avenue - Photo 1](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2479630021r.jpg) ![556 Washington Avenue - Photo 2](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2144189400r.jpg) ![556 Washington Avenue - Photo 3](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f1828902851r.jpg) ![556 Washington Avenue - Photo 4](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f3342812417r.jpg) ![556 Washington Avenue - Photo 5](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2833324233r.jpg) ![556 Washington Avenue - Photo 6](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2646718485r.jpg) ![556 Washington Avenue - Photo 7](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f1668300066r.jpg) ![556 Washington Avenue - Photo 8](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2038083439r.jpg) ![556 Washington Avenue - Photo 9](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f303789549r.jpg) ![556 Washington Avenue - Photo 10](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f4090103574r.jpg) ![556 Washington Avenue - Photo 11](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2388050033r.jpg) ![556 Washington Avenue - Photo 12](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f266269258r.jpg) ![556 Washington Avenue - Photo 13](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f3511436472r.jpg) ![556 Washington Avenue - Photo 14](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2233815837r.jpg) ![556 Washington Avenue - Photo 15](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2378948591r.jpg) ![556 Washington Avenue - Photo 16](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2261808056r.jpg) ![556 Washington Avenue - Photo 17](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f3169314705r.jpg) ![556 Washington Avenue - Photo 18](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f663268106r.jpg) ![556 Washington Avenue - Photo 19](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f619135375r.jpg) ![556 Washington Avenue - Photo 20](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f2180864321r.jpg) ![556 Washington Avenue - Photo 21](http://lh.rdcpix.com/4e0dd39b0ace8240fa55516c00ce0c1cl-f3897069635r.jpg) --- **MLS#:** 202626450 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/556-washington-avenue-albany-ny-12203-4e7cfdecde7446658da4e783df69f6e3) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/556-washington-avenue-albany-ny-12203-4e7cfdecde7446658da4e783df69f6e3#listing", "url": "https://www.propertysimple.ai/listing/556-washington-avenue-albany-ny-12203-4e7cfdecde7446658da4e783df69f6e3", "name": "556 Washington Avenue, Albany, NY 12203", "description": "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. 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