257 Western Avenue, Albany, NY 12203, Albany

$ 424,900

Overview

  • Updated On:
  • May 12, 2026
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2,550 ft2
  • Property Size

Description

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.

Address: 257 Western Avenue, Albany, NY 12203
City:
State/County:
Zip: 12203
Country: United States

Property Id: 582217
Price: $ 424,900
Property Size: 2,550 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 3
Listing Agent Email: kclancy514@gmail.com
Listing Agent: Kevin Clancy
Listing Agent Phone: 518-461-9937
Listing Office: Clancy Real Estate

Other Features
Built-in Features
Ceramic Tile Bath
Crown Molding
Has Heating System
High Speed Internet
None
Paddle Fan

$ 2,178.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,647.42

Tue 12 May
Wed 13 May
Thu 14 May
Fri 15 May
Sat 16 May
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Colin McDonald

Broker Owner

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Colin McDonald