531 Western Avenue, Albany, NY 12203, Albany

$ 599,900

Overview

  • Updated On:
  • October 5, 2026
  • 3,414 ft2
  • Property Size

Description

This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you’ll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don’t miss out on this incredible investment opportunity!

Address: 531 Western Avenue, Albany, NY 12203
City:
State/County:
Zip: 12203

Property Id: 853484
Price: $ 599,900
Property Size: 3,414 ft2
Property Lot Size: 0 ft2
Listing Agent Email: rebecca@cavalieriteam.com
Listing Agent: Rebecca L Cavalieri
Listing Agent Phone: 518-210-4916
Listing Office: Coldwell Banker Prime Properties

Other Features
Built-in Features
Has Heating System
High Speed Internet
None
Paddle Fan

$ 3,075.81
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,325.93

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