491 State Route 32, Wallkill, NY 12589

Wallkill
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
491 State Route 32,Wallkill, NY 12589
$550,000
  • 4 Beds
  • 3 Baths
  • 2,761 sq. ft.
  • Multi-family
  • Active
Listed by: michael cahill
Office: homesmart homes & estates
MLS#:1048420
Source:OneKey MLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$199.2

About this home

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.

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Home facts

  • Year built:1940
  • Listing ID #:1048420
  • Added:60 day(s) ago
  • Updated:November 08, 2026 at 03:45 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,761 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Electric

Structure and exterior

  • Year built:1940
  • Building area:2,761 sq. ft.
  • Lot area:2.5 Acres
  • Construction Materials:Frame, Stone

Schools

  • High school:Wallkill Senior High School
  • Middle school:John G Borden Middle School
  • Elementary school:Leptondale Elementary School

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$199.2
  • Tax amount:$7,032 (2025)

Features and amenities

  • Laundry features:Common Area

Parking

  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:2
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