You'll love this four-unit multi-family nestled in the heart of the Village of Wappingers, just steps away from several scenic parks, an up and coming downtown area, and the Wappingers Creek. Head inside and you're greeted by updated bathrooms in all four units. Where else can you find a turn-key investment property with a solid rental history or possibly live in one unit and rent out the other three. The property is fully occupied with three (1) bedroom units and one (3) bedroom unit. Numerous upgrades over the last year with new plumbing, bathrooms, kitchens, floors, and a wall to wall paint job. Rental Income is $60k/ year with annual expenses of $20k. Cap rate at 460k selling price is 8.5%. Must see for Investors!
Off market
$640,600
26 Mill St FLOOR 3, Wappingers Falls, NY 12590
6beds
3,558sqft
MultiFamily
Built in 1945
-- sqft lot
$640,600 Zestimate®
$180/sqft
$2,869 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,558 sqft
Property
Parking
- Parking features: Off-street
Features
- Has view: Yes
- View description: City
Lot
- Size: 6,534 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1945
Community & neighborhood
Location
- Region: Wappingers Falls
Other
Other facts
- Balcony
- Garbage included in rent
- Heating included in rent
- Hot water included in rent
- Landscaping included in rent
- Sewage included in rent
- Water included in rent
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$640,600
2% more+$12,812
With Zillow Showcase(estimated)$653,412