$575,000

491 State Route 32 Wallkill, NY 12589

Estimated payment $3,701/month

4 Beds
3 Baths
2,761 Sq Ft
$208 Price per Sq Ft

Highlights

  • 2.5 Acre Lot
  • Laundry Room
  • Heating Available

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.

Listing Agent

Michael Cahill

HomeSmart Homes & Estates Brokerage Phone: 845-547-0005 License #10401335508 Listed on: 06/18/2026

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1940

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Triplex
  • Frame Construction
  • Stone Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Laundry Room
  • Laundry in Basement
  • 2.5 Acre Lot

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 334600-004-000-0002-022.000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,032

Year Built

Built in 1940

Lot Details

2.5 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1940
  • Attribution Contact: 845-547-0005
  • Carport Y N: No
  • CurrentPrice: 575000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 230000.0000
  • CurrentPrice_By_BuildingAreaTotal: 208.25788
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Stone
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Driveway

Utilities

  • Cooling: Ductless
  • Heating: Electric, Other
  • Laundry Features: Common Area, In Basement, Laundry Room
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: John G Borden Middle School

Lot Info

  • Lot Size Acres: 2.5
  • Lot Size Sq Ft: 108900
  • Parcel Number: 334600-004-000-0002-022.000-0000
  • Property Attached: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 7031.6
  • Tax Year: 2025

MLS Schools

  • Elementary School: Leptondale Elementary School
  • High School: Wallkill Senior High School
  • Middle School District: Wallkill

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,437 $56,300 $10,400 $45,900
2024 $6,356 $56,300 $10,400 $45,900
2023 $6,356 $56,300 $10,400 $45,900
2022 $6,286 $56,300 $10,400 $45,900
2021 $6,496 $56,300 $10,400 $45,900
2020 $6,384 $56,300 $10,400 $45,900
2019 $6,123 $56,300 $10,400 $45,900
2018 $6,123 $56,300 $10,400 $45,900
2017 $6,272 $56,300 $10,400 $45,900
2016 $6,336 $56,300 $10,400 $45,900
2015 -- $56,300 $10,400 $45,900
2014 -- $56,300 $10,400 $45,900
Source: Public Records

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
06/18/2026 06/18/26 For Sale $575,000 -- $208 / Sq Ft
Source: OneKey® MLS

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
Deed $425,000 None Available
Deed $425,000 None Available
Deed $425,000 None Available
Deed $250,000 Dominique Manpel
Deed $250,000 Dominique Manpel
Deed -- David L Rider
Deed -- David L Rider
Interfamily Deed Transfer -- David L Rider
Interfamily Deed Transfer -- David L Rider
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $319,000 Purchase Money Mortgage
Closed $319,000 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 1015557

OneKey® MLS

APN: 334600-004-000-0002-022.000-0000

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