257 Western Avenue, NY 12203

$450,000
5
BD
3
BA
2,550
SqFt

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Sold Price
$450,000
List Price
$424,900
Closing Date
Jul 22, 2026
MLS#
202616546
Style
Traditional
Bedrooms
5
Bathrooms
3
Subdivision
Select One

Property 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.

Additional Information

Taxes
$4,850
Acres
0.05
Lot Dimensions
17.50 x 116
Lot Description
Level
School District
Albany
Interior Features
Ceramic Tile Bath, High Speed Internet, Paddle Fan, Built-in Features, Crown Molding
Heating
Baseboard
Exterior Features
None
Construction
Brick
Roof
Rubber
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Kevin Clancy with Clancy Real Estate Brokerage, 518-461-9937.

Selling Office: Clancy Real Estate.

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