531 Western Avenue

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Address: 531 Western Ave, Albany, NY 12203, USA
New York & Tri-State + Apartment Buildings
Created date: September 23, 2026
Date last updated: October 5, 2026
Price: $599,900Investment Analyzer NEW!

Property Description

This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Cafe Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,900
No. of Units: 8
Year Built: 1900
Lot Size: 3,414.00 Sq ft
Opportunity Zone: No
Price per unit: $74,988
Property Website Click Here
Number of Bedrooms: 10
Number of Bathrooms: 10
Address: 531 Western Avenue, Albany, NY 12203, USA
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