5039 Main ST, South Fallsburg, NY 12779
5039 Main ST, South Fallsburg, NY 12779
5039 Main ST, South Fallsburg, NY 12779
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$850,000
Est. payment /mo
3 Beds
4 Baths
0.7 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 998725

Bedrooms 3

Full Baths 4

Rental Info No

Year Built 1951

Annual Tax Amount $6,335

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Duplex

Source onekey2

Property Description

Rare South Fallsburg Main Street investment opportunity, ideally offered together with adjoining 5033 Main Street. Sitting on approximately 0.70 acres, this property features flexible B3 zoning with potential for residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, all subject to municipal approvals. This zoning creates strong long-term potential for investors, owner-users, builders, or buyers seeking a well-located Main Street property with income and future upside.

The property includes three residential structures: a primary two-unit home with main and lower-level units, plus an additional renovated bungalow/cottage. Current rent is approximately $4,000/month with possible upside. The main unit was recently painted and had basic updates, offering kitchen, dining area, living area, 3 bedrooms on one floor, plus a staircase to a spacious attic room. The lower-level unit was completely renovated recently and is in beautiful, like-new condition, featuring porcelain tile flooring throughout, a new kitchen, spacious rooms, and 2 bathrooms. The rear bungalow/cottage was also renovated and includes a new kitchen. Recent improvements include a brand-new septic system, new fence, and swing set/playground area.

Prime location near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts and other nearby attractions. Adjoining 5033 Main Street MLS#000029 is also available and ideally offered together with this property, creating a larger Main Street package totaling approximately 1.46 acres with approximately $6,000/month in combined reported rental income. Buyer to verify zoning, permitted uses, COs, legal unit count, rents, leases, square footage, taxes, septic, utilities, and municipal requirements.

Location

State NY

County Sullivan County

Interior

Interior Features First Floor Bedroom, Formal Dining

Heating Electric

Cooling None

Fireplace No

Exterior

Parking Features Parking Lot, Private

Utilities Available Electricity Connected

Garage false

Building

Lot Description Back Yard, Front Yard, Private

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Benjamin Cosor Elementary School

Middle Schools Fallsburg Junior-Senior High School

High Schools Fallsburg

School District Fallsburg

Others

Senior Community No

Special Listing Condition None


Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Realty • Joel J. Brach

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY, 10603-1937, USA

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5039 Main ST