$4,156 Closing Credit¹
#202425631, Linda Chiou, Listing Office: GROUP TWENTY SIX NY LLC
$219,900 List price
497 Washington Ave Albany, NY 12206
$2,611
Closing credit¹
2 beds
1 full
1,924 sqft
0.09 acres
$114 / sqft
Multi-Family
Property details
About 497 Washington Ave
Rare opportunity for a true turnkey investment. Enjoy the best of both worlds with this mixed-use building. The property consists of both residential and commercial space. The 2nd floor unit consists of 2-bedroom 1 bathroom residential apt which is currently leased through May 2025. The first-floor unit is a local tavern. Close to SUNY Albany downtown campus, Washington park and is conveniently located on the bus line. Great opportunity to add to any portfolio! The building is cash flow positive on day one with room to grow in the future. A block away from the new UAlbany downtown campus.
Highlights
Home typeDuplex
HeatingNatural Gas
StatusActive
Size1,924 sqft
BasementYes
Lot size0.09 Acres
Year built1910
MLS #202430930
Summary
- MLS Number: 202430930
- MLS Name: Global MLS
- Office Name: HS Capital Realty LLC
- Office Phone: (518) 729-8278
- Office Email: HalehHomes@gmail.com
- Listing Agent: Elizabeth Koprucki
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/12/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$219,900
497 Washington Ave
$2,611
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 24, 2014 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $125,000 | $- |
| 2022 | $125,000 | $4,791 |
| 2021 | $125,000 | $4,791 |
| 2020 | $125,000 | $4,791 |
| 2019 | $125,000 | $4,742 |
| 2018 | $125,000 | $4,912 |
| 2017 | $125,000 | $4,996 |
History based on county public records data.
Nearby schools
5
Brighter Choice Charter School for Girls
Public Charter KG-5
0.2 mi
•250 Central Ave
6
Brighter Choice Charter School for Boys
Public Charter KG-5
0.2 mi
•116 N Lake Ave
2
Sheridan Preparatory Academy
Public District PK-5
0.4 mi
•400 Sheridan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,944. Most Albany, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
51%
<35k
44%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
26%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Soccer
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Dominos Pizza
What do the neighbors drive?
Buick
Dodge
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 497 Washington Ave in Albany, NY and zip code 12206 in the Washington Square neighborhood. This 1,924 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $219,900.
Albany, NY housing market in March 2025 saw over 34 listings sold above listed price, more than 14 sold at listed price and over 29 sold below. The inventory of homes for sale in Albany, NY between February and March 2025 decreased by 4.9%. The median list price of listings available in March 2025 was $293,260, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.