531 Western Avenue, Albany, NY 12203

New - 37 Hours Ago
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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 Café 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!

531 Western Avenue | MLS# 202625152

This multi-family property located at 531 Western Avenue, Albany, NY 12203 is currently listed for sale with an asking price of $624,900. Western Avenue is located within the Albany school district. Search Albany real estate on debbie-falcone.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Walk-Out Access
Heating: Hot Water, Natural Gas
Home Style: Rooming House
Lot Size: 0.18 Acres
Roof Type: Shingle, Asphalt
Taxes: $13,574
Year Built: 1900

Feature Descriptions

Days on Site: 1
Exterior: None
Exterior: Stone, Vinyl Siding
Fencing: Privacy, Back Yard
Fireplace: Bedroom, Gas, Living Room
Flooring: Tile, Wood
Interior: Paddle Fan, High Speed Internet, Built-in Features
Lot: Level
Parcel #: 010100 64.51-2-40
Parking Total: 7
Parking Total: 7
Patio/Porch: Side Porch, Covered, Deck, Front Porch
Security: Fire Escape, Fire Alarm
Sewer: Public Sewer
SQFT Above Grade Finished: 3414
Utilities: Cable Available
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 2,704.19 per month $1,390.76 Principal & Interest $1,131.17 Property Tax $182.26 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Gabler Realty LLC
Agency Phone: 1 518-935-4800

Shown By

Agent Name: Debbie Falcone
Agent Phone: (516) 695-9460
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:00:01 AM EST) or Global MLS (last updated Tue 09/01/2026 11:52:26 PM EST) or New York State Alliance MLS (last updated Tue 09/01/2026 11:59:00 PM EST) or Hudson Valley Catskill Region MLS (last updated Tue 09/01/2026 11:51:14 PM EST) or OneKey MLS (last updated Tue 09/01/2026 11:53:22 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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