531 Western Avenue
Albany, NY 12203
$599,900
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!
| Listing Id: | 202626752 |
|---|---|
| List Price: | $599,900 |
| Property Type: | Multi-Family |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 10 |
| Living Area: | 3,414 |
| Tax Annual Amount: | $13,575 |
| Lot Size Square Feet: | 7,840.8 |
| Lot Size Acres: | 0.18 |
| Architectural Style: | Rooming House |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Select One |
| Postal Code: | 12203 |
| Year Built: | 1900 |
| Number Of Units Total: | 8 |
| List Agent Full Name: | Rebecca L Cavalieri |
| Exterior Features: | None |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Deck, Covered, Front Porch, Side Porch |
| Heating?: | Yes |
| Bathrooms Total Integer: | 10 |
| Basement: | true |
| Basement: | Walk-Out Access, Full, Interior Entry |
| State Or Province: | NY |
| Lot Features: | Level |
| Special Listing Conditions: | Standard |
| Utilities: | Cable Available |
| Sewer: | Public Sewer |
| Electric: | 200+ Amp Service, Circuit Breakers |
| Fencing: | Privacy, Back Yard |
| High School: | Albany |
| Roof: | Shingle, Asphalt |
| Lot Size Area: | 0.18 |
| Documents Change Timestamp: | 2026-10-05T18:57:22Z |
| Heating: | Hot Water |
| Directions: | North Allen St to right on Western Ave house is on the right |
| Fireplace Features: | Gas, Living Room, Bedroom |
| Flooring: | Wood, Tile |
| Listing Contract Date: | 2026-09-21 |
| Parcel Number: | 010100 64.51-2-40 |
| List Agent Key: | 20211012215540703780000000 |
| Construction Materials: | Stone, Vinyl Siding |
| Parking Total: | 7 |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 3,414.0 |
| Security Features: | Fire Escape, Fire Alarm |
| Postal City: | Albany |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $599,900 |
| Possession: | At Closing |
| Below Grade Finished Area Source: | CRS |
| Bathrooms Total Decimal: | $10.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 1st |
| Bath Levels Full Bath 3: | 1st |
| Bath Levels Full Bath 4: | 2nd |
| Bath Levels Full Bath 5: | 2nd |
| Bath Levels Full Bath 6: | 2nd |
| Bath Levels Full Bath 7: | 2nd |
| Bath Levels Full Bath 8: | 2nd |
| Bath Levels Full Bath 9: | 2nd |
| Bath Levels Full Bath 10: | 3rd |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 1 |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 1 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 1 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Multi Family Unit 3 Detail Unit Location Mf Unit 3: | 2 |
| Multi Family Unit 3 Detail Total Rooms Mf Unit 3: | 1 |
| Multi Family Unit 3 Detail Total Bedrooms Mf Unit 3: | 1 |
| Multi Family Unit 3 Detail Total Full Baths Mf Unit 3: | 1 |
| Multi Family Unit 4 Detail Unit Location Mf Unit 4: | 2 |
| Multi Family Unit 4 Detail Total Rooms Mf Unit 4: | 1 |
| Multi Family Unit 4 Detail Total Bedrooms Mf Unit 4: | 1 |
| Multi Family Unit 4 Detail Total Full Baths Mf Unit 4: | 1 |
| Multi Family Unit 5 Detail Unit Location Mf Unit 5: | 2 |
| Multi Family Unit 5 Detail Total Rooms Mf Unit 5: | 1 |
| Multi Family Unit 5 Detail Total Bedrooms Mf Unit 5: | 1 |
| Multi Family Unit 5 Detail Total Full Baths Mf Unit 5: | 1 |
| Multi Family Unit 6 Detail Unit Location Mf Unit 6: | 2 |
| Multi Family Unit 6 Detail Total Rooms Mf Unit 6: | 1 |
| Multi Family Unit 6 Detail Total Bedrooms Mf Unit 6: | 1 |
| Multi Family Unit 6 Detail Total Full Baths Mf Unit 6: | 1 |
| Multi Family Unit 7 Detail Unit Location Mf Unit 7: | 2 |
| Multi Family Unit 7 Detail Total Rooms Mf Unit 7: | 1 |
| Multi Family Unit 7 Detail Total Bedrooms Mf Unit 7: | 1 |
| Multi Family Unit 7 Detail Total Full Baths Mf Unit 7: | 1 |
| Multi Family Unit 8 Detail Unit Location Mf Unit 8: | 3 |
| Multi Family Unit 8 Detail Total Rooms Mf Unit 8: | 1 |
| Multi Family Unit 8 Detail Total Bedrooms Mf Unit 8: | 1 |
| Multi Family Unit 8 Detail Total Full Baths Mf Unit 8: | 1 |
| Open Parking?: | Yes |
| Levels: | Three Or More |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Separate Utilities: | Not Separated |
| Architectural Style: | Rooming House |
| Fireplace?: | Yes |
| Exterior Features: | None |
Listing Courtesy of: Coldwell Banker Prime Properties
Listing Agent: Rebecca L Cavalieri
518-210-4916
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET































































