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257 Western Avenue, 
Albany, NY 12203

$450,000


5

Beds


3

Baths


2,550

Sq Ft


Multi-Family

Sold

Listed by

Kevin Clancy

Bought with Clancy Real Estate

Clancy Real Estate

1 518-861-7016

MLS#

202616546

Source:

Global MLS

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About This Home

257 Western Avenue

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1890

Price Summary

424,900

$166 per Sq. Ft.

MLS #:

202616546

Sold:

July 22, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,550 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,550 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,178


Finances & Disclosures

Finances

Price:

$424,900

Price per Sq. Ft:

$166 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.