5039 Main Street, South Fallsburg, NY 12779
Local realty services provided by:ERA Insite Realty Services
5039 Main Street,South Fallsburg, NY 12779
$850,000
- 3 Beds
- 4 Baths
- 2,571 sq. ft.
- Multi-family
- Active
Listed by: joel j. brach, jacob fried
Office: keller williams realty
MLS#:998725
Source:OneKey MLS
Price summary
- Price:$850,000
- Price per sq. ft.:$330.61
About this home
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....
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Home facts
- Year built:1951
- Listing ID #:998725
- Added:47 day(s) ago
- Updated:July 05, 2026 at 10:59 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:4
- Dining Description:Formal Dining
- Bedroom Description:First Floor Bedroom
- Living area:2,571 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1951
- Building area:2,571 sq. ft.
- Lot area:0.7 Acres
- Lot Features:Private
- Construction Materials:Vinyl Siding
Schools
- High school:Fallsburg Junior-Senior High School
- Middle school:Fallsburg Junior-Senior High School
- Elementary school:Benjamin Cosor Elementary School
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$330.61
- Tax amount:$6,335 (2025)
Parking
- Parking description:Parking Lot, Private
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