27 Mill Street
Wappingers Falls, NY 12590
- 5 beds
- 3 baths
- 2,524 sqft
- 5,227 sqft lot
- $257 per sqft
- 1870 build
- – on site
Prime Multi-Family Investment in the Heart of the Village of Wappingers Falls! Don’t miss this exceptional opportunity to own a well-maintained and income-generating three-family home in the vibrant Village of Wappingers Falls. Ideal for investors or savvy owner-occupants, this versatile property features three fully independent units—each with private entrances, separate utilities, and appealing layouts that attract long-term tenants. The spacious first-floor unit is updated and offers a two-bedroom, one-bath configuration with an eat-in kitchen, in-unit washer and dryer, and direct access to a private deck. The second-floor unit mirrors this layout with two bedrooms, one full bath, a large eat-in kitchen, and its own outdoor deck space. The third-floor unit is a charming one-bedroom with a separate living area, eat-in kitchen, private deck, and bonus storage space—perfect for maximizing rental potential. Additional perks include a shared basement with tenant storage and a laundry area for the second and third floors, as well as a spacious off-street parking area that accommodates four or more vehicles. Conveniently located just five minutes from the train station and close to shops, restaurants, and local attractions, this property combines strong rental appeal with long-term growth potential—an ideal addition to any investment portfolio. In agent notes, please include that tenants on 1st and 2nd floor are month to month - 3rd unit is vacant. Market rents are $2200 1st floor, $2100 2nd floor, $1700 for 3rd floor.
Last checked:
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Last updated May 9, 2025
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MLS# 858842 —
The Building
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Year Built:1870
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Basement:true
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Architectural Style:Colonial
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Construction Materials:Vinyl Siding
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Patio And Porch Features:Deck, Porch
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# of Total Units:3
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Building Area Units:Square Feet
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Total Vacancies:1
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Building Area Total:2524
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Laundry Features:In Unit
Interior
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Interior Features:First Floor Bedroom, First Floor Full Bath
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Flooring:Hardwood, Laminate
The Property
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Lot Size Acres:0.12
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Parcel Number:135601-6158-14-331338-0000
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Size SqFt:5,227 Sqft
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Property Attached:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (845) 582-3790
- Office phone:
- (888) 276-0630
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:12270.65
Beds
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Total Bedrooms:5
Baths
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Full Baths:3
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Total Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
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Utilities:Natural Gas Available, Sewer Connected, Water Connected
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Water Source:Public
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Water Sewer Expense:2000
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# of Separate Electric Meters:3
Schools
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High School District:Wappingers
The Community
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Senior Community:false
Parking
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Parking Features:Driveway
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/8/25
May 8, 2025
|
Coming Soon | ONEKEY | $650,000 | 32.7% (12.9% / YR) |
10/24/22
Oct 24, 2022
|
ONEKEY | $490,000 | 63.3% (15.3% / YR) | |
9/4/18
Sep 4, 2018
|
ONEKEY | $300,000 |