257 Western Avenue Albany, NY $ 424,900
257 Western Avenue
$ 424,900
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257 Western Avenue

Albany, NY, 12203
$ 424,900
Bedrooms5 Baths3.0 Sq 2,550

Monthly Estimate*

$ 2,616

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Multi-Family Home for sale in Albany, NY

for $424,900 with 5 bedrooms and 3 full baths. This 2,550 square foot home was built in 1890 on a lot size of 0.05.

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.

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Multi-Family Pending

Price

$ 424,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,850

Style

Traditional

Lot Size

0.05

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202616546

Features
Interior
Interior Amenities Paddle Fan High Speed Internet Built-in Features Ceramic Tile Bath Crown Molding
Basement Apartment Exterior Entry Finished Walk-Out Access
Flooring Ceramic Tile Hardwood Laminate
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2550.0
Half Baths 0
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 850.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 3
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General
Sewer Public Sewer
Heating Baseboard Natural Gas
Possession At Closing
Roof Rubber
Garage Spaces 0.0
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Brick
Year Built 1890
Tenant Pays Hot Water Heat Internet Cable TV Electricity
Property Subtype Triplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 3
Status Pending
Buyer Financing VA
Directions Western Avenue between Quail and Ontario.
High School Albany
City Albany
High School District Albany
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 2178.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4850.18
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=PPRByU5zrFy&brand=0
Standard Status Pending
Tax Assessed Value 0
Tax Lot 51
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Exterior
Exterior Amenities None
Parking Features None
Lot Features Level
Water Source Public
Lot Size Area 0.05
Spa N
Lot Dimensions 17.50 x 116
Lot Size Acres 0.05
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 257
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* Excluded Features
List By
Kevin Clancy

Listing Agent

Clancy Real Estate

Broker

(518) 461-9937

Phone

kclancy514@gmail.com

Email

Affordability Calculator

$3,020
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,616
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$424,900 Listed Price

Map


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257 Western Avenue, Albany, NY, 12203 is a Multi-Family Home for sale at $424,900 with 2,550 sqft and a lot size of 0.05. 257 Western Avenue has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 12203 which is in Albany, NY