$360,000
PENDING

487 Washington Ave Albany, NY 12206

Central Avenue Neighborhood

Estimated payment $2,739/month

Total Views 721
6 Beds
4 Baths
3,564 Sq Ft
$101 Price per Sq Ft

Highlights

  • 0.08 Acre Lot
  • Wood Flooring
  • Crown Molding
  • Traditional Architecture
  • No HOA
  • Window Unit Cooling System

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''

Listing Agent

Heather Morra

McDonald Real Estate Comp LLC License #10401362691 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,511

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,564 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Apartment Living Space in Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 65 / 1
  • Assessor Parcel Number 010100 65-1-53
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,511

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Electric Expense: 400.0
  • Zoning: Multi Residence
  • Year Built: 1940
  • Directions: Washington Avenue Between N Lake and Quail
  • Above Grade Finished Sq Ft: 3564.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.08
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12206
  • Special Listing Conditions Ownership: Cezary Wyjatek
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Rental Income: 62400.0
  • Rental Income Description: Actual
  • Number of Dishwashers: 1
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Ownership: Cezary Wyjatek
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style:Traditional: Yes
  • Levels Tri-Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood
  • Basement: Apartment
  • Interior Amenities: Crown Molding
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3564.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Full Bathroom 4: 3rd
  • Fireplace: No
  • Attic Features:Hatch: Yes
  • Interior Features:Crown Molding: Yes
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 1600.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65-1-53
  • Lot Size Sq Ft: 3484.8

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 1500.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9511.0
  • Tax Block: 1
  • Tax Lot: 65
  • Tax Tract: 53

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $360,000 +60.0% $101 / Sq Ft
09/08/2017 09/08/17 Sold $225,000 -6.1% $63 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $239,500 -4.0% $67 / Sq Ft
05/02/2017 05/02/17 For Sale $249,500 +46.8% $70 / Sq Ft
07/22/2016 07/22/16 Sold $170,000 -5.5% $48 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $179,900 -- $50 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202523319

Global MLS
New York Albany County Albany 12203 Central Avenue

487 Washington Ave, Albany, NY

This home is located at 487 Washington Ave, Albany, NY 12206 and is currently priced at $360,000, approximately $101 per square foot. This property was built in 1940. 487 Washington Ave is a home located in Albany County with nearby schools including Stephen And Harriet Myers Middle School, Roots Academy at West Hill, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.



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Listing Agent
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McDonald Real Estate Comp LLC
(518) 832-5248