|
2574-2576 South Avenue, Wappingers Falls, NY, 12590 | $560,000
Prime Two-Family Investment Property with 3-Car Garage in the Heart of Wappingers Falls, NY Don’t miss this outstanding opportunity to own a two-family property perfectly situated in the heart of Wappingers Falls—just steps from Main Street’s shops, cafés, and the picturesque falls. Offering both rental income and long-term value, this versatile property is ideal for investors or owner-occupants seeking additional income. Each unit features spacious interior, separate utilities. The Unit 1 includes an inviting living area, updated kitchen, and direct access to the yard—perfect for entertaining or relaxing outdoors. Unit 2 also offers direct access to backyard, generous living space, great natural light, and a proven rental history. A rare find in the village, this property also includes a detached three-car garage—providing abundant parking, storage, or potential for additional income. The low-maintenance landscaping enhance tenant appeal and curb appeal alike. With easy access to parks, schools, and the Metro-North station, this property attracts both local renters and commuters. Whether you’re looking to expand your investment portfolio or live in one unit while renting the other, this home delivers location, flexibility, and lasting value in one of the Hudson Valley’s most sought-after communities. Next door 2 family home 2578 South Ave, ( next to Village Hall), 927725 also for sale. May be purchased as a package or each home individually.
Features
- Bedrooms: 6
- Baths: 3 full
- Laundry: In Unit
- Style: Colonial
- Year Built: 1832
- Garage: 3-car
- Heating: Hot Water, Natural Gas, Other
- Cooling: None
- Basement: Unfinished
- Acreage: 0.5
- Est. Taxes: $12,888
- Middle School: Wappingers Junior High School
- High School: Roy C Ketcham Senior High Sch
- School District: Wappingers
- MLS#: 928179
- Days on Market: 42 days
- Website: https://www.raveis.com
/prop/928179/25742576southavenue_wappingersfalls_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2574-2576 South Avenue, Wappingers Falls, NY, 12590
$560,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $448,000 | $448,000 | $448,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $1,074 | $1,074 | $1,074 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,579 | $2,722 | $3,631 |
| Total Monthly Payment | $3,745 | $3,888 | $4,797 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535