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$575,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 11 days ago
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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.

Full Property Details for 491 State Route 32

General

  • Price: $575,000
  • Taxes: $7,031
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 1015557
  • Updated: 6/18/2026
  • Added to Site: 26 day(s) ago

Interior

  • Interior Features: Other
  • Laundry Facilities: Yes

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area, In Basement, Laundry Room

Parking

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

Location

  • County: Orange County

School Information

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

Heating & Cooling

  • Cooling Type: Ductless
  • Heating Type: Electric, Other

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame, Stone
  • Basement: Yes
  • Basement Desc.: Finished
  • Building Size: 2761
  • Square Feet: 2,761
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 2.5
  • Lot Size (Sq. Ft.): 108,900

Financial Considerations

  • Tax Amount: $7,031.6

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 334600-004-000-0002-022.000-0000

Listed by HomeSmart Homes & Estates

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Listing agent

— 491 State Route 32 —

  • HomeSmart Homes & Estates

845-547-0005

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 491 State Route 32

School District:Wallkill Central School District
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 491 State Route 32 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$575,000
35.29%
MLS
7/29/2021
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
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 for 491 State Route 32

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,437
1%
$56,300
—
2024
$6,356
100%
$56,300
—
2021
-100%
$56,300
—
2016
$6,298
-1%
$56,300
—
2020
$6,384
4%
$56,300
—
2018
$6,123
-2%
$56,300
—
2017
$6,272
-1%
$56,300
—
2016
$6,336
-1%
$56,300
—
2015
$6,406
5%
$56,300
—
2015
$6,096
8%
$56,300
—
2013
$5,624
—
$56,300
—
View All
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 for 491 State Route 32

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by HomeSmart Homes & Estates

491 State Route 32, Wallkill, NY 12589 (MLS# 1015557) is a Multi-Family property with 3 units containing 4 bedrooms and 3 full bathrooms. 491 State Route 32 is currently listed for $575,000 and was received on June 18, 2026. Want to learn more about 491 State Route 32? Do you have questions about finding other Multi-Family real estate for sale in Wallkill? You can browse all Wallkill real estate or contact a Coldwell Banker agent to request more information.

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