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    Three-Family Residential Income Property Title is generated by Realmo AI

    491 State Route 32, Wallkill, NY 12589

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    For Sale
    $575,000

    Fully occupied three-family with expansive yard and parking, offering unit income and detached garage revenue potential.

    Type:Investment
    Lot size:
    2.50 Acres
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 25 at 8:37 pm

    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

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    Michael Cahill

    Listing office HomeSmart Homes and Estates

    Listing date Jun 24, 2026

    Source Elliman

    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 HomeSmart Homes and Estates

    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
    • Set back from the road with a sprawling yard and ample green space
    • Oversized driveway provides abundant parking for tenants and visitors

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Kitchen & Bath Showroom Food Market Accounting Firm HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wallkill
    County
    Ulster
    State
    New York
    Longitude
    -74.066314
    Latitude
    41.572509

    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
    More about this property
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