You can't miss this opportunity to own a rare 4 unit multi-family in the Town of Wappingers! Whether you are looking to purchase a home to live with income to offset your costs, or an investor looking to add to their portfolio, this property has it all! With one 3 BR, one 2 BR, two studio apartments, a large parking lot, and over 2 acres, there is plenty of opportunity here. The fully renovated studios and 2 bedroom units are rented, and the remodeled 3 bedroom unit is ready for you to make it your own or rent out immediately resulting in over $67,000 in net operating income. Many updates include flooring, countertops, kitchens and baths, new appliances in the units, renovated common areas, and a newly installed (2025) septic system including new tanks and fields. Additional features include a 300+ sq ft machine shed and multiple garage storage units. This property is just a couple minutes away from Route 9, and a quick ride to Metro North, the Village of Wappingers, and everything else the local area has to offer. Make an appointment before it's gone!
Pending
$675,000
118 Mac Farlane Road, Wappingers Falls, NY 12590
5beds
3,716sqft
Quadruplex, Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Large parking lotRenovated common areasFully renovated studiosNew appliances
- 16 days
- on Zillow |
- 25 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 01:38pm
Listing by:
Joncar Realty Inc 845-831-3331,
Kyle Wonderly 845-842-1780
Source: OneKey® MLS,MLS#: 865093

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom, First Floor Full Bath, Built-in Features
- Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
- Basement: Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 3,716
- Total interior livable area: 3,716 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
- Garage spaces: 2
Features
- Patio & porch: Covered, Porch
Lot
- Size: 2.08 Acres
- Features: Back Yard, Cleared, Corner Lot, Front Yard, Level, Near Public Transit, Near Shops
- Residential vegetation: Partially Wooded
Details
- Parcel number: 1356896157049504580000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Stone, Wood Siding
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, Trash Collection Private, Water Connected
Community & HOA
Location
- Region: Wappingers Falls
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $496,500
- Annual tax amount: $12,986
- Date on market: 5/21/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: refrigerators, microwaves, dishwashers, stoves, where applicable for each unit
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