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About the Listing o424A - 2420
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.
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Natural Gas
- Fireplaces:
- Floor: Ceramic Tile,Hardwood,Laminate
- Above Ground Sq Ft: 2550
- Below Ground Sq Ft: 850
- Basement: Apartment,Exterior Entry,Finished,Walk-Out Access
- Other: Paddle Fan,High Speed Internet,Built-in Features,Ceramic Tile Bath,Crown Molding
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Lot Dimensions: 17.50 x 116
- Roof: Rubber
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $4,850
- Taxes w/Assessments: N/A
- Tax/Property ID: 65.61-5-51
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
257 Western Ave Albany, NY 12203
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