491 State Route 32, Wallkill, NY 12589

$550,000
4
BD
3
BA

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List Price
$550,000
Status
ACTIVE
Days on Market
2
MLS#
1048420
Subtype
Residential Income
Year Built
1940
Bedrooms
4
Bathrooms
3
Full Baths
3
Lot Size
108,900
Acres
2.50
Neighborhood
Wallkill

Property Description

Investor's Dream! Fully occupied 3-family property situated on a beautiful 2.5-acre lot in the Wallkill School District. This income-producing property offers immediate cash flow with three occupied units and additional rental income potential from the detached garage. Set well back from the road, the property features a sprawling yard, ample green space, and an oversized driveway providing abundant parking for tenants and visitors. The combination of strong rental income, multiple revenue streams, and a picturesque setting makes this a rare opportunity for both seasoned and first-time investors. Conveniently located near major commuter routes, shopping, dining, and recreation while still offering the privacy and appeal of a country setting. Whether you're looking to expand your portfolio or secure a long-term hold with upside potential, this property is a must-see.

Additional Information

Interior Features
Other
Taxes
$7,031
Heating
Electric, Other
Air Conditioning
Ductless
Parking
Driveway
Parking Features
Driveway
Garage Spaces
2
School District
Wallkill
Elementary School
Leptondale Elementary School
Middle School
John G Borden Middle School
High School
Wallkill Senior High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael Cahill (cahillprore@gmail.com) from Listing Office: HomeSmart Homes & Estates.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.