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.
For sale
$650,000
27 Mill Street, Wappingers Falls, NY 12590
5beds
2,524sqft
Triplex, Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$258/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 973 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 05:01am
Listing by:
eXp Realty 888-276-0630,
Virginia Corbett 845-582-3790,
Mirjeta Van Duyne 845-380-0911,
eXp Realty
Source: OneKey® MLS,MLS#: 858842

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: In Unit
Features
- First Floor Bedroom, First Floor Full Bath
- Flooring: Hardwood, Laminate
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 2,524
- Total interior livable area: 2,524 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Porch
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 1356016158143313380000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Wappingers Falls
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $475,000
- Annual tax amount: $12,270
- Date on market: 5/15/2025
- Listing agreement: Exclusive Right To Sell
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