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      Property at 257 Western Avenue, Albany, NY 12203
      ACTIVE
      0
      $424,900

      257 Western AvenueAlbany, NY, 12203

      5 Beds3 Baths2,550 SqFt0.05 Acres
      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.
      1 / 52

      Est. Monthly

      $2,014/mo

      $424,900

      257 Western Avenue, Albany, NY

      5 Beds3 Baths2,550 SqFt0.05 Acres

      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.

      StatusActive
      Property TypeMulti Family
      Property SubtypeTriplex
      Year Built1890
      Days on Market2 days

      Est. Monthly Payment

      $2,014.02

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      257 Western Avenue

      Albany, NY 12203 • Albany
      5
      Beds
      3
      Baths
      2,550
      SqFt
      0.05
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Triplex
      Year Built
      1890136 years ago
      Days on Market
      2 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $4,850
      • School Taxes
        $2,302
      • Town/County Taxes
        $2,549
      Property History
      • Listed for sale
        May 6, 2026 • GLOBAL MLS • 202616546
        $424,900
      Mortgage Calculator
      Estimated monthly payment for this property
      $2,014.02
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202616546
      • Listing Office
        Clancy Real Estate
      • Last Updated
        1 day ago

      Climate & Systems

      • Heating
        Baseboard

      Interior Features

      • Flooring
        • Laminate
        • Ceramic Tile
        • Hardwood
      • Basement
        • Walk-Out Access
        • Apartment
        • Exterior Entry
        • Finished
      • Interior Features
        • Ceramic Tile Bath
        • High Speed Internet
        • Paddle Fan
        • Built-in Features
        • Crown Molding

      Parking

      • Parking Features
        None

      Lot & Grounds

      • Lot Size
        0.05 acres
      • Lot Features
        Level
      • Patio & Porch
        Deck
      • Exterior Features
        None

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Triplex
      • Architectural Style
        Traditional

      Structure

      • Construction
        Brick
      • Roof
        Rubber

      Condition

      • Year Built
        1890
      • Days on Market
        2 days
      • Water
        Public
      • Sewer
        Public Sewer

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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