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$675,000
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Property Description
Discover the perfect blend of flexibility, comfort, and opportunity in this legal two-family ranch located in the heart of Montgomery. Currently enjoyed as a spacious single-family residence, the home can easily be converted back to a two-family layout with the addition of a single interior door, making it ideal for multi-generational living, extended family, guests, or potential rental income. The upper level offers 3 generously sized bedrooms, 2 full baths, an updated kitchen with granite countertops, stainless steel appliances, and a cozy fireplace, plus a comfortable living area designed for everyday living. The lower level features 2 bedrooms, a full kitchen, large family room with fireplace, laundry, utility room, and its own private entrance leading to a covered patio and three-season room. Outside, enjoy an entertainer's dream backyard highlighted by a full-size basketball court with stadium lighting, offering endless possibilities for recreation or future customization. Conveniently located near parks, shopping, dining, major highways, commuter routes, and NYC transportation.
Full Property Details
Full Property Details for 40 Bailey Rd
General
- Price: $675,000
- Taxes: $11,588
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1009419
- Updated: 6/13/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: First Floor Bedroom
- Fireplace: Yes
- Number of Fireplaces: 2
- Flooring: Hardwood, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Driveway, Garage
Location
- County: Orange County
School Information
- High School District: Valley Central (Montgomery)
- Elementary School: Berea Elementary School
- Middle School: Valley Central Middle School
- High School: Valley Central High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
- Heating Zones: 4
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Hi Ranch, Raised Ranch, Ranch
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 2900
- Square Feet: 2,900
- Year Built: 1967
Lot Features
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
Financial Considerations
- Tax Amount: $11,588.26
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 334289-013-000-0003-028.000-0000
- Block: 13
- Lot Number: 3
Listed by Keller Williams Hudson Valley
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Schools
Schools serving 40 Bailey Rd
School District:Valley Central School District (Montgomery)
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Bailey Rd
Date
Details
Price
Change
Source
6/05/2026
Listed
$675,000
7.14%
MLS
4/10/2024
Sold
$630,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Bailey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,675
1%
$211,400
—
2024
$10,589
100%
$211,400
—
2021
-100%
$211,400
—
2021
$3,064
-66%
$211,400
—
2020
$9,081
3%
$211,400
—
2018
$8,790
3%
$211,400
—
2017
$8,517
1%
$211,400
—
2016
$8,473
-1%
$211,400
—
2015
$8,516
1%
$211,400
—
2015
$8,413
4%
$211,400
—
2013
$8,106
—
$211,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Bailey Rd
40 Bailey Road, Montgomery, NY 12549 (MLS# 1009419) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 40 Bailey Road is currently listed for $675,000 and was received on June 05, 2026. Want to learn more about 40 Bailey Road? Do you have questions about finding other Multi-Family real estate for sale in Montgomery? You can browse all Montgomery real estate or contact a Coldwell Banker agent to request more information.
