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!
Property Type(s):
Multi Family
|
Last Updated
|
8/31/2026
|
Year Built
|
1900
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Full, Interior Entry, Walk-Out Access, Yes |
| CONSTRUCTION |
Stone, Vinyl Siding |
| EXTERIOR |
None |
| FIREPLACE |
Yes |
| HEAT |
Hot Water, Natural Gas |
| INTERIOR |
Built-in Features, High Speed Internet |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
0.18 |
| SEWER |
Public Sewer |
| STYLE |
Rooming House |
| TAXES |
13574.6 |
| UTILITIES |
Cable Available, Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Gabler Realty LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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