5017 S Fallsburg Main Street 5019
South Fallsburg, NY, 12779 $ 569,000
Bedrooms9 Baths5.0 Sq 2,931 Monthly Estimate*
$ 3,503
for $569,000 with 9 bedrooms and 5 full baths. This 2,931 square foot home was built in 1900 on a lot size of 0.69.
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!
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FeaturesInteriorInterior Amenities First Floor Bedroom Built-in Features Original Details
Basement Common
Basement Features Common
Basement (Y/N) N
Fireplace Y/N N
Total Bedrooms 9
Total Baths 5
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GeneralSewer Septic Tank
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Phone Connected
Construction Materials Aluminum Siding Frame Vinyl Siding
Year Built 1900
Unit Number 5019
Property Subtype Duplex
Tax Year 2025
Parcel Number 2889-054-0-0001-007-000
County Sullivan County
Property Type Residential Income
Garage Y/N N
Full Baths 5
High School Fallsburg Junior-Senior High School
City Fallsburg
Senior Community Y/N N
High School District Fallsburg
Number Of Units Total 4
Carport Y/N N
Elementary School Benjamin Cosor Elementary School
Property Attached Y/N N
Tax Annual Amount 6060.72
Middle/Junior High School Fallsburg Junior-Senior High School
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Fallsburg
Elementary School District Fallsburg
Tax Assessed Value 75000
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ExteriorParking Features Driveway Parking Lot Driveway Parking Lot
Water Source Public
Spa N
Building Area Total 2931
Waterfront Y/N N
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* Excluded FeaturesList ByShaye I. TeitelbaumListing Agent
Erealty Advisors, IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,503
- Monthly Property Taxes
- $505
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in South Fallsburg, NY
Average List Price $709,500
Percent of Sale Price 25%
About South Fallsburg, NY 2,547 Population
43% Since 2002
$ 41,113 Median Income
33.88 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4100550 Elementary School
4098951 Middle School
Fallsburg Junior-Senior High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/27/2026 | $569,000 | | Listed Price |