5033 Main Street,South Fallsburg, NY 12779
South Fallsburg, NY 12779
Description
Prime B3-zoned Main Street opportunity in the heart of South Fallsburg, ideally to be purchased together with adjoining 5039 Main Street. 5033 Main Street sits on a mostly flat 0.76-acre parcel and features an existing two-story home currently producing approximately $2,000/month in reported rental income. Flexible B3 zoning may allow residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, subject to municipal approvals, creating 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 is centrally located near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts, and local area destinations, with strong visibility and convenient access. Recent owner improvements include a newly replaced septic system with new leach field and a newly added swing set/playground area. The septic system is a valuable infrastructure upgrade and may help reduce utility costs by avoiding municipal sewer charges. The home also includes a basement with rooms and a bathroom. Adjoining 5039 Main Street MLS#998725 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 all municipal approvals/requirements.
Details
| MLS # | 000029 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 180 |
| Listing Provided By | Keller Williams Realty | Joel J. Brach |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,020 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.76 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced Air, Hot Air |
| Interior Features | High Speed Internet |
| Appliances | None |
Exterior
| Exterior Features | Playground |
|---|---|
| Construction Materials | Frame |
| Lot Features | Level, Near Public Transit |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 43900 |
| Tax Annual Amount | 3547.55 |
Area Information
| State | NY |
|---|---|
| County | Sullivan County |
| City | South Fallsburg |
| Zip Code | 12779 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12779) | |
Price: $420,000 low | high Med: $539,900 sqft: 1,020 low | high Med: 1,643 $ / sqft: $412 low | high Med: $329 On site: 180 low | high Med: 170 | |
Market Activity 12779
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Learn More About This Property
| State | NY |
|---|---|
| County | Sullivan County |
| City | South Fallsburg |
| Zip Code | 12779 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12779) | |
Price: $420,000 low | high Med: $539,900 sqft: 1,020 low | high Med: 1,643 $ / sqft: $412 low | high Med: $329 On site: 180 low | high Med: 170 | |