20 Spring Street Wappingers Falls, NY 12590
Listing by: ONEKEY as distributed by MLS GRID / Listed By: Century 21 Alliance Rlty Group / Century 21 Alliance Realty Group - Contact:  845-297-4700

  20 Spring Street Wappingers Falls, NY 12590

Active (6 Days)
$675,000 (USD)
5
BED
4
BATH

Description

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 offering 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

MLS #:
1046507
Taxes
$14,550(2025)
Lot Size
8,276 SQFT
Type
Multifamily
Year Built
1850
School District
Wappingers
County
Dutchess County

Listed By

Bertus Pritchard, Century 21 Alliance Rlty Group, Contact: 845-297-4700
Tony De Gelormo, Century 21 Alliance Realty Group
Source
ONEKEY
Last checked Sep 15 2026 at 2:16 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Storage
  • First Floor Bedroom
  • First Floor Full Bath
Heating and Cooling
  • Natural Gas
  • Baseboard
  • None
Basement Information
  • Unfinished
Utility Information
  • Utilities: Trash Collection Private, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: James S Evans Elementary School
  • Middle School: Wappingers Junior High School
  • High School: Roy C Ketcham Senior High Sch
Parking
  • Shared Driveway
  • Off Street
Additional Information: Century 21 Alliance Rlty Group | 845-297-4700
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Alliance Realty Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 9/15/2026 14:16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.