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257 Western Avenue

Albany, NY 12203

Active

$424,900

Listing by:
Kevin Clancy
Clancy Real Estate
518-461-9937

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.

$424,900
5.0
Bedrooms
3
Bathrooms
2,550
Sq. Ft.
$ 167
$/Sq. Ft.
0.05
Acres
Year Built:
1890
County:
Albany
School District:
Albany
Acres:
0.05
Listing Agent:
Kevin Clancy
Listing Office:
Clancy Real Estate
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BUYER'S AGENT

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Features

Square Feet: 2,550
Town: Albany
Bedrooms: 5
Full Bathrooms: 3
Estimated Taxes: $4,850
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Natural Gas
Garage: 0
Property Style: Traditional
Exterior: Brick
Exterior Features: None
Parking Spaces: 0

Location



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