# 587 Washington Avenue, Albany, NY 12206

> **TL;DR:** 6bd/2ba residential multi family, $275,000 ($113/sqft), built 1920, 2,438 sqft.
> Hardwood. Est. $1,192/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $275,000 |
| Price/sqft | $113 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Square Feet | 2,438 |
| Year Built | 1920 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,192 |
| **Total** | **$1,192** |

## Nearby Schools

- **High:** Albany

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1920
- 0.08 acre lot
- 1 parking spaces

## Description

### Agent Description
Income-producing duplex featuring two 3-bedroom, 1-bath units with separate utilities. One unit is occupied by a long-term month-to-month tenant paying $1,500 per month, while the second unit is currently being marketed for lease at $1,600 per month. Separate utilities, public water and sewer, and off-street parking help keep operating expenses manageable. Conveniently located near downtown Albany, colleges, hospitals, shopping, restaurants, and major commuter routes. A solid investment opportunity with current income and future upside potential.

## Location

- **Address:** 587 Washington Avenue, Albany, NY 12206
- **County:** Albany
- **Coordinates:** 42.66613, -73.778915
- **Google Maps:** https://www.google.com/maps?q=42.66613,-73.778915

## Listing Agent

- **Name:** Lisa Patentreger
- **Brokerage:** Howard Hanna Capital Inc
- **Phone:** 5188528616
- **Email:** lisapatentreger@howardhanna.com

## Primary Photo

![587 Washington Avenue - Primary Photo](http://lh.rdcpix.com/315474d047f1b1dfa909ffe4d3b1f2dfl-f3311525367r.jpg)

*48 total photos available on [listing page](https://www.propertysimple.com/listing/587-washington-avenue-albany-ny-12206-02619937)*

---

**MLS#:** 202619937 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/587-washington-avenue-albany-ny-12206-02619937)

---

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