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20 Spring Street

Wappingers Falls, NY 12590
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Bed 5

Bed

Bath 4

Bath

Acres0.19

Acre(Lot)

Excellent Three-Family Investment Opportunity in the Village of Wappingers Falls Well-maintained excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. The property features three separate apartments, including two spacious two-bedroom units and one one-bedroom unit, providing a desirable mix of rental options. Each apartment benefits from separate gas and electric utilities, helping keep operating expenses manageable and making the property particularly attractive from an investment standpoint. The property also offers ample off-street parking in the rear, an important amenity for tenants and a valuable feature in a village setting. The building has seen many recent improvements, providing a solid foundation for a new owner while of fering the opportunity to continue enhancing the property over time. With three income-producing units, separate utilities, and convenient parking, this property offers the fundamentals that investors look for in a multi-family investment. For the owner-occupant, this property presents an especially attractive opportunity: live in one apartment while the rental income from the other two units helps offset your mortgage and ownership expenses. It can be an ideal way to get started in multi-family ownership while having the potential to build long-term equity. Conveniently located just minutes from major commuting routes, shopping, restaurants, local amenities, and Metro-North transportation, making it appealing to tenants who commute throughout the Hudson Valley and beyond. The Village of Wappingers Falls offers a convenient location with easy access to surrounding communities and employment centers. Whether you're an experienced investor looking to add another income-producing property to your portfolio or a first-time buyer seeking an owner-occupied investment, this versatile three-family property is worth a closer look. Three units • Two 2-bedroom apartments • One 1-bedroom apartment • Separate gas & electric • Ample rear parking • Numerous recent improvements • Convenient commuter location • Excellent investment or owner-occupant opportunity

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Detail Ic Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 91123302

MLS Id : 1046507

Beds : 5

Lot Size : 0.19 Acre

Tax Amount : 14550.00

Year Built : 1850

County : Dutchess

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Basement: Unfinished
  • Interior Features

    Storage
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas Cooling: None

  • Building Information

    Year Built: 1850 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.19 Lot Size Square Feet: 8276

  • Listing Price Information

    Listing Price: $675000

  • Tax Information

    Parcel Number: 135601-6158-14-378322-0000 Annual Tax: $14550

  • Parking Information

    Parking Total: 6 Off Street, Shared Driveway

  • School Information

    Elementary School: James S Evans Elementary School
    Junior High School: Wappingers Junior High School
    Senior High School: Roy C Ketcham Senior High Sch
  • Utility Information

    Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Rt 9 north to left onto E Main St to right onto Spring St. Home on right. Sign on. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1561-1565 Route 376, Wappingers Falls, NY, 12590 $649,000 5 3 -- 0.95 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 09/10/2026 @ 12:08

MLS: 1046507 LISTED BY: Bertus Pritchard, Century 21 Alliance Rlty Group 845-297-4700 SOURCE: OneKey MLS

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