Three-Family Residential Income
491 State Route 32 Wallkill, NY 12589
491 State Route 32, Wallkill, NY, 12589
$575,000
For Sale
$575,000
Fully occupied three-family with expansive yard and parking, offering unit income and detached garage revenue potential.
Lot Size2.50 Acres
Days on Market24
Property Features for 491 State Route 32
General Information
- Standard status
- Active
- Lot size
- 2.50 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1940
Listing Agency
HomeSmart Homes and Estates
(845) 674-7386
Listed by
Michael Cahill · License #10401335508
(845) 674-7386
Source
Elliman
Added: Jun 24 Checked: Jul 17 at 3:10 am
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Investment Insights
Based on property information with market context.
This three-family residential income property is currently fully occupied, with three occupied units in place. The home sits on a spacious, open lot set well back from the road, providing a sprawling yard and ample green space. An oversized driveway supports on-site parking for tenants and visitors, and a detached garage adds a secondary revenue possibility for additional rental income.
The property is located within the Wallkill School District. The surrounding area offers a country-setting feel while still being described as convenient to major commuter routes as well as shopping, dining, and recreation.
For buyers and operators seeking a straightforward, occupied rental asset, the current three-unit occupancy can support immediate in-place income from the property’s units. The detached garage provides an additional component that may help diversify income within the same site, while the yard and parking configuration are practical for day-to-day tenant use. With the property set back from the road, it also offers a quieter residential setting that may appeal to long-term renters.
The property is located within the Wallkill School District. The surrounding area offers a country-setting feel while still being described as convenient to major commuter routes as well as shopping, dining, and recreation.
For buyers and operators seeking a straightforward, occupied rental asset, the current three-unit occupancy can support immediate in-place income from the property’s units. The detached garage provides an additional component that may help diversify income within the same site, while the yard and parking configuration are practical for day-to-day tenant use. With the property set back from the road, it also offers a quieter residential setting that may appeal to long-term renters.
Key Highlights
- Fully occupied 3‑family property built in 1940 with three units currently occupied
- 2.5‑acre lot in the Wallkill School District
- Detached garage offers potential for additional rental income
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully occupied three-family with expansive yard and parking, offering unit income and detached garage revenue potential.
Where is this triplex located?
The property is located at 491 State Route 32 Wallkill, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Fully occupied 3‑family property built in 1940 with three units currently occupied; 2.5‑acre lot in the Wallkill School District; Detached garage offers potential for additional rental income
