Philip Laffey
Philip Laffey
Call: (516) 359-1489
Text: (516) 359-1489
MLS#1015557
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLWallkill
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Ductless
Garage: 2
Heating: Electric, Other
Lot Size: 2.50 Acres
Taxes: $7,031
Year Built: 1940
Amenities
Other
Feature Descriptions
Building Area Total: 2761
Days on Site: 6
Exterior: Frame, Stone
GarageY/N: Yes
Laundry: Common Area, In Basement, Laundry Room
On Market Date: 2026-06-18
Parcel Number: 334600-004-000-0002-022.000-0000
Parking Features: Driveway
Rental Term: Monthly
Sewer: Septic Tank
Units: 3
Utilities: Electricity Connected
Water: Well
Local Schools
High School: Wallkill Senior High School
Middle School: John G Borden Middle School
Elementary School: Leptondale Elementary School
School District: Wallkill
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Estimated Payment
$ 2,033.33 per month $1,279.70 Principal & Interest $585.92 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: HomeSmart Homes & Estates
Agency Contact: 845-547-0005
Shown By
Agent Name: Philip Laffey
Agent Phone: (516) 359-1489
Agency Title: Laffey Real Estate
491 State Route 32 | MLS# 1015557
This multi-family property located at 491 State Route 32 , Wallkill, NY 12589 is currently listed for sale with an asking price of $575,000. State Route 32 is located within the Wallkill school district. Search Wallkill real estate on philiplaffey.laffey.com today.