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Multi-Unit Residential Income Property

5039 Main Street South Fallsburg, NY 12779

5039 Main Street, South Fallsburg, NY, 12779
$850,000
For Sale
$850,000

MULTI_FAMILY - South Fallsburg, NY

Lot Size0.70 Acres
Days on Market77

Property Features for 5039 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Dining Room, Bathroom 3
Parking features
Parking Lot
Interior features
First Floor Bedroom, Formal Dining
Standard status
Active
APN
2889-054-0-0001-004-000
Lot size
0.70 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6335

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1951
Number of units
3
Building materials
Vinyl Siding
Listing agency Keller Williams Realty
Listed by Joel J. Brach
Added: May 7 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 6:06PM
MLS# 998725

Copyright © 2026 OneKey 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 multi-unit residential income property on Main Street includes three separate residential structures: a primary two-unit home with main and lower-level units, plus an additional renovated bungalow/cottage. The main-level unit offers a kitchen, dining area, living space, three bedrooms on one floor, and a staircase leading to a spacious attic room. The lower-level unit was recently completely renovated and features porcelain tile flooring throughout, a new kitchen, spacious rooms, and two bathrooms. The rear bungalow/cottage has also been renovated and includes a new kitchen.

The property is served by a brand-new septic system and includes a newly installed fence and a swing set/playground area. It sits on approximately 0.70 acres and is described as having flexible B3 zoning that may support residential, commercial, mixed-use, and mobile-home-related uses, subject to municipal approvals.

Buyer to verify zoning, permitted uses, certificates of occupancy, legal unit count, rents, leases, square footage, taxes, septic, utilities, and all municipal requirements. The listing also notes an adjoining property at 5033 Main Street that is available and ideally offered together as a combined package.

Key Highlights

  • Approx. 0.70‑acre Main Street property with flexible B3 zoning; potential residential, commercial, mixed‑use, and mobile‑home‑related uses (subject to municipal approvals).
  • Three residential structures: primary two‑unit home (main and lower‑level units) plus an additional renovated bungalow/cottage.
  • Lower‑level unit was recently completely renovated with porcelain tile flooring, a new kitchen, spacious rooms, and 2 bathrooms.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Electrical Service Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex-style residential income property with recent renovations and a newly installed septic system.
Where is this triplex located?
The property is located at 5039 Main Street South Fallsburg, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approx. 0.70‑acre Main Street property with flexible B3 zoning; potential residential, commercial, mixed‑use, and mobile‑home‑related uses (subject to municipal approvals).; Three residential structures: primary two‑unit home (main and lower‑level units) plus an additional renovated bungalow/cottage.; Lower‑level unit was recently completely renovated with porcelain tile flooring, a new kitchen, spacious rooms, and 2 bathrooms.
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More about this property
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