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Two-Residence Short-Term Rental Property
For Sale
$779,000

98 Spruce St, Tannersville, NY 12485

Residential Income, Tannersville, NY

Property SizeContact for details
Lot Size0.50 Acres
Days on Market201

Property Features for 98 Spruce St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 10
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 9, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 10, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 2
Patio and Porch features Deck
Fireplace 1
High school district HUNTER-TANNERSVILLE CENTRAL SCHOOL DISTRICT
Directions from hunter head east to village of tannersville, make a right at first traffic light travel down to spruce st. till you see address on right
Standard status Active
APN 182.09-1-2
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 4769

Utilities

Heating system Baseboard, Electric (Heating)
Water source Public

Amenities

covered front porch
outdoor hot tub
fire pit area
private deck

Building Details

Year built 1920
Floors in Building 2
Flooring type Vinyl
Roof type Asphalt
Listing Agency: BUNCE REALTY
Listed By: Frances Clark
Added: Mar 6 Changed: Sep 17 Last Checked: Sep 23 at 12:06PM
MLS# 11664768

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.5-acre property includes two separate residences configured for short-term rental use. The front home contains eight bedrooms and 2.5 baths, along with an eat-in kitchen, covered front porch, outdoor hot tub, fire pit area, and tongue-and-groove knotty pine finishes. The rear cottage provides two bedrooms, 1.5 baths, an open kitchen and living area, a private deck, and a second outdoor hot tub. Both residences are connected to municipal water and sewer. Built in 1920, the property also features electric baseboard heating, vinyl flooring, an asphalt roof, and a fireplace.

Located at 98 Spruce St in Tannersville, the property is within walking distance of Village Lake and Village Park. Hunter Mountain and Windham Mountain are a short drive away, while North-South Lake and Kaaterskill Falls provide access to hiking, biking, camping, and scenic Catskills destinations. Shopping, dining, golf courses, and the village center are also nearby.

Key Highlights

  • Two separate residences on a 0.5‑acre property
  • Front home includes 8 bedrooms and 2.5 baths
  • Rear cottage offers 2 bedrooms and 1.5 baths

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Bakery Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 12485, NY

939
Population
815
Households
1.2
Avg Household Size
40
Median Age
18%
College-Educated
97%
High-School Grad
9.3 sq mi
ZIP Area
101
Density / Sq Mi
$85,455
Median Household Income
$27,177
Median Earnings
$1,212
Median Rent
$385,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two separate residences offer flexible occupancy options with municipal water and sewer serving the property.
Where is this short term rental property located?
The property is located at 98 Spruce St Tannersville, NY.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Two separate residences on a 0.5‑acre property; Front home includes 8 bedrooms and 2.5 baths; Rear cottage offers 2 bedrooms and 1.5 baths
More about this property
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