631 Washington Avenue, Albany, NY 12206

• 5 beds |
• 2 baths |
• 2,272 sqft

Property Description

Well-maintained two-family, up/down duplex in a convenient Albany location with strong income potential. The first-floor unit features 3 bedrooms and 1 full bath and is currently rented month-to-month at $975/month, with estimated market rent of approximately $1,500/month. The second-floor unit offers 2 bedrooms and 1 full bath and is currently vacant, with projected rental income of approximately $1,400/month. Recent improvements include a new boiler and water heater serving the first-floor unit, as well as an updated bathroom in the second-floor unit. The property offers separate utilities and hot water systems for each unit, plus two washer/dryer hookups in the basement for added tenant convenience. Additional features include off-street parking and a former garage pad in the backyard, providing an opportunity for future garage reconstruction or additional improvements. An excellent opportunity for both investors and owner-occupants seeking rental income in a desirable Albany location.

Listing Status:

Active

Date Added:

June 12, 2026

Data Last Updated:

July 4, 2026 at 9:39PM

Listing Office:

Gabler Realty, LLC : 518-935-4800

Listing Agent:

Jennifer Eitleman : 518-364-7393

MLS ID:

202619557

Interior

• General: High Speed InternetPaddle Fan
• Laundry: In Basement
• Basement: Full
• Flooring: CarpetHardwoodVinyl
• A/C: None
• Heating: Hot Water

Exterior

• General: None
• Style: Traditional
• Parking: Off StreetDrivewayParking spaces: 3

Construction

• Roofing: Slate
• General: Wood SidingBlockCombination

Location

• HOA Amenities: Sewer
• Originating MLS: Global MLS
• School District: Albany
• County: Albany

Lot

• Zoning: Multi Residence010100 65.45-3-31
• View: City

Utilities

• Utilities: Cable ConnectedCircuit Breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS