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Single Family House for Sale in South Fallsburg, Fallsburg, Sullivan County, NY 12779 | Web ID: 1003041 | $539,000

5017 S Fallsburg Main Street #5019 , South Fallsburg , NY 12779

 
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Property Description

Wow! Prime, Prime Location In The Heart Of South Fallsburg! Situated Directly On Highly Visible Route 42, Right Next To Heiden Rd And Lavista Rd, This Property Offers Some Of The Best Road Frontage And Exposure You Will Find In The Area. Surrounded By Bungalow Colonies, Shopping, And Constant Local Traffic, The Location Alone Makes This A Rare And Exciting Opportunity For Investors, Business Owners, Or End Users Looking To Secure A Truly Strategic Piece Of Catskills Real Estate. This Fully Legal 4-family / Mixed-use Property Features 2 Separate Structures On One Property, With A Total Of 4 Apartments — Currently Almost Fully Occupied With Solid Year-round Tenants, Creating Strong And Stable Income From Day One. The Property Sits On Beautiful Grounds With Plenty Of Flexibility And Future Upside. Whether You Are Looking For A Smart Investment, A Property For Extended Family And Friends To Enjoy Together, A Central Catskills Escape, Or A Prime Location For A Business Opportunity, This Property Offers Endless Possibilities. There Is Still Additional Potential For The Right Buyer To Upgrade The Property, Increase Rents, And Further Maximize Value Over Time, Making This Not Just A Stable Investment, But An Exciting Value-add Opportunity As Well. The Unmatched Visibility And Frontage On Route 42 Make This An Incredibly Tasteful And Smart Investment Choice. Opportunities Like This — Combining Prime Location, Multiple Income-producing Units, Mixed-use Potential, Strong Occupancy, And Future Upside — Are Extremely Hard To Find, Especially In One Of The Most Desirable And Rapidly Growing Areas Of South Fallsburg. Inventory Remains Very Limited While Demand Continues To Grow. Priced Well And Expected To Move Fast. Whether You Are An Investor Or An End User, Opportunities Like This Rarely Become Available — Act Quickly, Bring Your Vision, And Make This Unique Property Yours!

Property Information

Location/Town Fallsburg
Area/County Sullivan County
Post Office/Postal City South Fallsburg
Prop. Type Single Family House for Sale
Tax $6,061.00
Bedrooms 9
Total Baths 5
Full Baths 5
Year Built 1900
Basement Common
Construction Aluminum Siding, Frame, Vinyl Siding
Total Units 4
Lot SqFt 30,056
Cooling Wall/Window Unit(s)
Heat Source Baseboard, Electric
Util Incl Electricity Connected, Phone Connected
Days On Market 61
Parking Features Driveway, Parking Lot
Tax Assessed Value 75000
Units 4
School District Fallsburg
Middle School Fallsburg Junior-Senior High S
Elementary School Benjamin Cosor Elementary Scho
High School Fallsburg Junior-Senior High S
Features First floor bedroom, built-in features, original details
Listing information courtesy of: eRealty Advisors, Inc

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