587 Washington Avenue, Albany, NY 12206
MULTI_FAMILY - Other - Albany, NY
- Added:
- Jun 18, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 26 at 10:06 pm
Property Features for 587 Washington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 6, Laundry Room, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
- Parking
- 1
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Fencing
- Chain Link
- Basement
- Full
- Standard status
- Active
- APN
- 010100 65.53-1-49
- Size
- 2,438 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5591
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Hardwood
- Building materials
- Aluminum Siding, Vinyl Siding
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Lisa Patentreger License #10401373194 (518) 852-8616
Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY (518) 371-4500
Listing date Jun 18, 2026
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.
HighLights
- Income‑producing duplex with two 3‑bedroom, 1‑bath units and separate utilities
- Unit 2 is occupied by a long‑term month‑to‑month tenant paying $1,500 per month
- Unit 1 is leased at $1,600 per month on a 1‑year lease starting July 1
- Public water and public sewer with off‑street parking and driveway
- 1920 construction with rubber roof, aluminum and vinyl siding, and ceramic tile and hardwood flooring
- Chain‑link fenced property with porch and baseboard heating (natural gas and hot water heat)
Overview
Located at 587 Washington Avenue in Albany, NY 12206, the property offers convenient access to downtown Albany and is near colleges, hospitals, shopping, restaurants, and major commuter routes.
The duplex is currently generating rental income with two different leasing arrangements. Unit 2 is occupied by a long-term month-to-month tenant paying $1,500 per month. Unit 1 is leased at $1,600 per month on a 1-year lease starting July 1. This configuration may appeal to buyers seeking an owner-occupied or managed rental property with existing tenants, while the separate utility setup supports more contained day-to-day operating expenses.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.778915
- Latitude
- 42.66613
