40 Bailey Road
Montgomery, NY, 12549 $ 675,000
Bedrooms5 Baths3.0 Sq 2,900 Monthly Estimate*
$ 4,156
for $675,000 with 5 bedrooms and 3 full baths. This 2,900 square foot home was built in 1967 on a lot size of 1.1.
Discover the perfect blend of flexibility, comfort, and opportunity in this legal two-family ranch located in the heart of Montgomery. Currently enjoyed as a spacious single-family residence, the home can easily be converted back to a two-family layout with the addition of a single interior door, making it ideal for multi-generational living, extended family, guests, or potential rental income. The upper level offers 3 generously sized bedrooms, 2 full baths, an updated kitchen with granite countertops, stainless steel appliances, and a cozy fireplace, plus a comfortable living area designed for everyday living. The lower level features 2 bedrooms, a full kitchen, large family room with fireplace, laundry, utility room, and its own private entrance leading to a covered patio and three-season room. Outside, enjoy an entertainer's dream backyard highlighted by a full-size basketball court with stadium lighting, offering endless possibilities for recreation or future customization. Conveniently located near parks, shopping, dining, major highways, commuter routes, and NYC transportation.
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Multi-Family ActiveHi Ranch,Raised Ranch,Ranch
FeaturesInteriorInterior Amenities First Floor Bedroom
Basement Finished
Flooring Hardwood Laminate Vinyl
Total Fireplaces 2
Basement Features Finished
Basement (Y/N) Y
Fireplace Y/N Y
Total Bedrooms 5
Total Baths 3
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GeneralSewer Septic Tank
Heating Natural Gas
Cooling Central Air
Utilities Electricity Available
Garage Spaces 2
Architectural Style Hi Ranch Raised Ranch Ranch
Construction Materials Frame
Year Built 1967
Tenant Pays Electricity
Property Subtype Duplex
Tax Year 2025
Parcel Number 334289-013-000-0003-028.000-0000
County Orange County
Insurance Expense 3000
Property Type Residential Income
Garage Y/N Y
Full Baths 3
High School Valley Central High School
City Montgomery
Senior Community Y/N N
High School District Valley Central (Montgomery)
Number Of Units Total 2
Carport Y/N N
Elementary School Berea Elementary School
Property Attached Y/N N
Tax Annual Amount 11588.26
Fuel Expense 3324
Middle/Junior High School Valley Central Middle School
Trash Expense 560
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Valley Central (Montgomery)
Elementary School District Valley Central (Montgomery)
Tax Assessed Value 211400
Tax Lot 3
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ExteriorParking Features Driveway Garage Driveway Garage
Water Source Well
Total Parking 8
Parking Spaces 8
Spa N
Building Area Total 2900
Waterfront Y/N N
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* Excluded FeaturesList ByNancy E. LaBarberaListing Agent
Keller Williams Hudson ValleyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $966
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Montgomery, NY
Average List Price $700,000
Percent of Sale Price 4%
About Montgomery, NY 22,967 Population
10% Since 2002
$ 72,207 Median Income
40.12 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892541 Elementary School
4892263 Middle School
Valley Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/6/2026 | $675,000 | | Listed Price |