20 Spring St Wappingers Falls, NY 12590
Wappingers Falls AreaEstimated payment $4,937/month
Highlights
- Main Floor Bedroom
- Bathroom on Main Level
- 3-minute walk to Mesier Park
- Storage
- Baseboard Heating
About This Home
Excellent Three-Family Investment Opportunity in the Village of Wappingers Falls
Well-maintained excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. The property features three separate apartments, including two spacious two-bedroom units and one one-bedroom unit, providing a desirable mix of rental options.
Each apartment benefits from separate gas and electric utilities, helping keep operating expenses manageable and making the property particularly attractive from an investment standpoint. The property also offers ample off-street parking in the rear, an important amenity for tenants and a valuable feature in a village setting.
The building has seen many recent improvements, providing a solid foundation for a new owner while offering the opportunity to continue enhancing the property over time. With three income-producing units, separate utilities, and convenient parking, this property offers the fundamentals that investors look for in a multi-family investment.
For the owner-occupant, this property presents an especially attractive opportunity: live in one apartment while the rental income from the other two units helps offset your mortgage and ownership expenses. It can be an ideal way to get started in multi-family ownership while having the potential to build long-term equity.
Conveniently located just minutes from major commuting routes, shopping, restaurants, local amenities, and Metro-North transportation, making it appealing to tenants who commute throughout the Hudson Valley and beyond. The Village of Wappingers Falls offers a convenient location with easy access to surrounding communities and employment centers.
Whether you're an experienced investor looking to add another income-producing property to your portfolio or a first-time buyer seeking an owner-occupied investment, this versatile three-family property is worth a closer look.
Three units • Two 2-bedroom apartments • One 1-bedroom apartment • Separate gas & electric • Ample rear parking • Numerous recent improvements • Convenient commuter location • Excellent investment or owner-occupant opportunity
Listing Agent
Century 21 Alliance Rlty Group Brokerage Phone: 845-297-4700 License #40PR1008133 Listed on: 09/09/2026
Co-Listing Agent
Century 21 Alliance Rlty Group Brokerage Phone: 845-297-4700 License #10301200329
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,550
Year Built
- Built in 1850
Home Design
- Triplex
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Parking
- 6 Parking Spaces
- Shared Driveway
- Off-Street Parking
Schools
- James S Evans Elementary School
- Wappingers Junior High School
- Roy C Ketcham Senior High Sch
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Storage
- 8,276 Sq Ft Lot
- Unfinished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 135601-6158-14-378322-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,381 | $505,600 | $78,200 | $427,400 |
| 2024 | $11,381 | $472,500 | $71,100 | $401,400 |
| 2023 | $16,018 | $433,400 | $71,100 | $362,300 |
| 2022 | $13,833 | $371,600 | $64,600 | $307,000 |
| 2021 | $12,373 | $323,100 | $59,400 | $263,700 |
| 2020 | $9,180 | $299,100 | $54,600 | $244,500 |
| 2019 | $8,306 | $299,100 | $54,600 | $244,500 |
| 2018 | $6,064 | $290,400 | $54,600 | $235,800 |
| 2017 | $8,258 | $278,200 | $54,600 | $223,600 |
| 2016 | $8,079 | $278,200 | $54,600 | $223,600 |
| 2015 | -- | $278,200 | $54,600 | $223,600 |
| 2014 | -- | $278,200 | $71,300 | $206,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2026 09/09/26 | For Sale | $675,000 | 0.0% | -- |
| 02/10/2020 02/10/20 | For Rent | $2,150 | 0.0% | -- |
| 02/10/2020 02/10/20 | Rented | $2,150 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $198,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 1046507
APN: 135601-6158-14-378322-0000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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