257 Western Avenue, Albany, NY 12203

Albany
Local realty services provided by:HUNT Real Estate ERA
257 Western Avenue,Albany, NY 12203
$424,900
  • 5 Beds
  • 3 Baths
  • 2,550 sq. ft.
  • Multi-family
  • Active
Listed by: kevin clancy
Office: clancy real estate
MLS#:202616546
Source:Global MLS

Price summary

  • Price:$424,900
  • Price per sq. ft.:$166.63

About this home

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 are 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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Home facts

  • Year built:1890
  • Listing ID #:202616546
  • Added:1 day(s) ago
  • Updated:May 06, 2026 at 09:40 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate
  • Bathrooms Description:Ceramic Tile Bath
  • Basement Description:Apartment, Exterior Entry, Finished, Walk-Out Access
  • Living area:2,550 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1890
  • Building area:2,550 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Exterior Features:Deck

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$424,900
  • Price per sq. ft.:$166.63
  • Tax amount:$4,850

Features and amenities

  • Laundry features:In Basement
  • Amenities:Built-in Features, Crown Molding, High Speed Internet, Paddle Fan
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