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About This Home
This 2-bedroom, 1-bathroom residential multi family at 497 Washington Avenue in Albany, NY is listed for $250,000 ($130 per sqft). Built in 1910, the home offers 1,924 sqft of living space on a 0.09 acres lot.
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start.
The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.
Key Features
- Built in 1910
- 0.09 acre lot
- 1 parking spaces
Property Details
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
497 Washington Avenue
Albany, NY 12206
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom residential multi family at 497 Washington Avenue is listed at $250,000 ($130/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot, 1 parking spaces.
This property is listed by Elizabeth Koprucki and can be reached at 5187957016 or emkoprucki@gmail.com.
