20 Spring Street | Wappinger
Excellent Three-Family Investment Opportunity in the Village of Wappingers Falls\nWell-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.\nEach 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.\nThe 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.\nFor 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.\nConveniently 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.\nWhether 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.\nThree units OneKeyMLS 1046507
Directions to property: Rt 9 north to left onto E Main St to right onto Spring St. Home on right. Sign on.
