Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker King George Realty
Property view

487 Washington Avenue, 
Albany, NY 12206

$360,000

6

Beds

4

Baths

3,564

Sq Ft

Multi-Family

Active

Listed by

Heather J Morra

Mcdonald Real Estate Comp LLC.

518-505-4977

Last updated:

August 13, 2025, 02:26 PM

MLS#

202523319

Source:

Global MLS

About This Home

487 Washington Avenue

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''

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1940

Price Summary

360,000

$101 per Sq. Ft.

MLS #:

202523319

Last Updated:

August 13, 2025, 02:26 PM

Added:

8 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,564 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

3,564 Sq. Ft.

Year Built:

1940

Lot

Lot Size (Sq. Ft):

3,484

Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$101 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2025 Global MLS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.