Looking for a smart investment? This income-generating 4-unit property in Albany is a rare opportunity you don't want to miss. Ideally located just 1.5 blocks from the newly renovated, state-of-the-art Albany High School, the property is perfectly positioned to attract qualified tenants. Three of the four units are rented. The prime location offers easy access to schools, shopping, major highways, downtown Albany, and public transportation, making it highly desirable for renters. With a strong rental market and consistent demand in the area, this property presents an excellent opportunity for both seasoned investors and those just starting out. Don't wait! Multiple offers highest and best due Monday by 7 pm 5/19/25 thank you
Pending
$269,900
521 Washington Avenue, Albany, NY 12206
4beds
2,404sqft
Quadruplex, Multi Family
Built in 1915
-- sqft lot
$268,000 Zestimate®
$112/sqft
$-- HOA
What's special
- 41 days
- on Zillow |
- 300 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 09:14am
Listing by:
Berkshire Hathaway Home Services Blake 518-584-0060,
Arpi Balgin 518-229-8767
Source: Global MLS,MLS#: 202516623

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Flooring: Vinyl, Carpet
- Basement: Full
Interior area
- Total structure area: 2,404
- Total interior livable area: 2,404 sqft
- Finished area above ground: 2,404
- Finished area below ground: 0
Property
Features
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Size: 2,613.6 Square Feet
Details
- Parcel number: 010100 65.54251 01
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Built-Up
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $112/sqft
- Annual tax amount: $6,200
- Date on market: 5/4/2025
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