




257 Western Avenue, Albany, NY, 12203
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.
Getting Around
Schools
Construction
Condition
- Year built: 1890
Materials
- Roof: Rubber
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Apartment,Exterior Entry,Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s),High Speed Internet,Built-in Features,Ceramic Tile Bath,Crown Molding
- Flooring: Ceramic Tile,Hardwood,Laminate
- Finished area below ground: 850
- Finished area above ground: 2,550
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
Property
Details
- Parcel number: 65.61551
- Attached to another structure: Yes
- Special condition: Standard
Features
- Patio & porch: Deck
- Exterior features: None
Lot
- Lot size: 2,178 sqft
- Features: Level
Parking
- Parking features: None
