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Three-Unit Townhouse-Style Triplex
For Sale
$735,000

1 W Academy Street, Wappingers Falls, NY 12590

Two residences feature townhouse layouts, with extra upper-floor rooms suited to office or play space.

Property SizeContact for details
Days on Market40

Property Features for 1 W Academy Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Public Transit Yes
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $14,570

Amenities

off street parking
garage
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen

Building Details

Year Built 1900
Units 3
Listing Agency: Gillian Stewart Real Estate
Listed By: Gillian Stewart
Source: Gillianstewart
Added: Sep 15 Changed: Oct 23 Last Checked: Oct 23 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gillian Stewart Real Estate

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Investment Insights

Based on property information with market context.

This 1900-built triplex contains three distinct residences. The first offers single-level living and basement storage. The second is arranged townhouse-style, with two bedrooms and two additional rooms on its upper floor. The third spans three floors and includes four bedrooms, two more rooms on the top level, and a basement. Units 1 and 2 have updated heating systems and water heaters. Two units are occupied, and their tenants would like to remain.

The property has off-street parking and a vacant three-car garage. The train station, Route 9, shopping, and schools are minutes away.

Key Highlights

  • Three residential units, including two townhouse‑style layouts
  • Unit 1 has single‑level living and basement storage
  • Unit 2 includes two bedrooms and two upper‑floor rooms

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 12590, NY

37,051
Population
14,563
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
34.8 sq mi
ZIP Area
1,065
Density / Sq Mi
$98,252
Median Household Income
$52,861
Median Earnings
$1,674
Median Rent
$365,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two residences feature townhouse layouts, with extra upper-floor rooms suited to office or play space.
Where is this triplex located?
The property is located at 1 W Academy Street Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Three residential units, including two townhouse‑style layouts; Unit 1 has single‑level living and basement storage; Unit 2 includes two bedrooms and two upper‑floor rooms
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