5033 Main St, 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.