Pending

257 Western Avenue

Albany, NY 12203
Mark as Favorite
Bed 5

Bed

Bath 3

Bath

SqFt2,550

Sqft

Acres0.05

Acre(Lot)

Excellent opportunity to own a fully renovated 3-unit investment property in one of Albany's strongest rental corridors! 257 Western Ave has been renovated from top to bottom, including major improvements such as rebuilt fire escapes, new plumbing, electric and new hot water tanks. Great opportunity for investors - a turn-key asset with significant upside potential. Two units are currently vacant, and the third unit will be vacated at the end of May, creating the rare opportunity for an owner to place their own tenants at current market rents and maximize cash flow from day one. Separate utilities keep operating expenses streamlined for ownership. Located in a high-demand rental area near colleges, hospitals, restaurants, shopping, public transportation and downtown Albany. Whether you ar e looking to expand your portfolio or owner occupy while generating income, this property checks all the boxes. Showings begin Saturday 5/9.

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Detail Ic Property Details

Property Type : Residential Income

Price : $424,900

AD Id : 78027543

MLS Id : 202616546

Beds : 5

Lot Size : 0.05 Acre

Living Area Size : 2,550

Year Built : 1890

County : Albany

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Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Apartment, Exterior Entry, Finished, Walk-Out Access
  • Flooring Information

    Ceramic Tile, Hardwood, Laminate
  • Roofing Information

    Rubber
  • Interior Features

    High Speed Internet, Built-in Features, Crown Molding Roof: Rubber Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas

  • Building Information

    Year Built: 1890 Construction Materials: Brick Patio And Porch Features: Deck Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 17.50 x 116 Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178 Lot Description: Level

  • Listing Price Information

    Listing Price: $424900

  • Tax Information

    Parcel Number: 65.61-5-51 Tax Lot: 51 Tax Block: 5 Annual Tax: $4850.18

  • Parking Information

    None, No Garage

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Albany
  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Western Avenue between Quail and Ontario. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
210 Western Avenue, Albany, NY, 12203 $360,000 3 3 2,712 2,712 SqFt
211 Quail Street, Albany, NY, 12203 $245,000 6 2 2,378 2,378 SqFt
247 Quail Street, Albany, NY, 12203 $269,900 3 3 2,208 2,208 SqFt
212 Ontario Street, Albany, NY, 12203 $314,900 5 2 2,042 2,042 SqFt
472 Hudson Avenue, Albany, NY, 12203 $409,900 10 3 3,197 3,197 SqFt
518 Hudson Avenue, Albany, NY, 12203 $599,000 13 6 3,000 3,000 SqFt
118 N Allen Street, Albany, NY, 12203 $280,000 4 2 1,924 1,924 SqFt
52 N Allen Street, Albany, NY, 12203 $299,900 8 3 3,125 3,125 SqFt
884-886 Lancaster Street, Albany, NY, 12203 $437,000 8 2 2,940 2,940 SqFt
149 Homestead Avenue, Albany, NY, 12203 $385,000 6 2 2,668 2,668 SqFt

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ByOwner last updated this listing 07/18/2026 @ 21:30

MLS: 202616546 LISTED BY: Kevin Clancy, Clancy Real Estate 518-861-7016 SOURCE: Global MLS

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