257 Western Avenue, Albany, NY 12203

• 5 beds |
• 3 baths |
• 2,550 sqft

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.

Listing Status:

Pending

Date Added:

May 6, 2026

Data Last Updated:

May 20, 2026 at 2:40AM

Listing Office:

Clancy Real Estate : 518-861-7016

Listing Agent:

Kevin Clancy : 518-461-9937

MLS ID:

202616546

Interior

• General: Ceramic Tile BathHigh Speed InternetPaddle FanBuilt-in FeaturesCrown Molding
• Laundry: In Basement
• Basement: Walk-Out AccessApartmentExterior EntryFinished
• Flooring: LaminateCeramic TileHardwood
• Heating: Baseboard

Exterior

• General: None
• Style: Traditional
• Parking: None

Construction

• Roofing: Rubber
• General: Brick

Location

• HOA Amenities: Sewer
• Originating MLS: Global MLS
• School District: Albany
• County: Albany

Lot

• Zoning: 65.61-5-51

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS