- Bedrooms: 3
- Bathrooms: 1
- Size: 94.76 m²
- Price: $420,000
Prime Main Street opportunity with B3 zoning, in the heart of South Fallsburg, ideally to be acquired together with the neighboring property at 5039 Main Street. The property at 5033 Main Street sits on approximately 0.77 acres and features an existing two-story home that is currently generating approximately $2,000/month in stated rental income. The flexible B3 zoning may allow for residential, commercial, mixed-use, mobile home-related, and other future use possibilities, subject to town approvals, creating strong long-term potential for investors, owner-users, builders, or buyers seeking a well-located Main Street property with income and future appreciation potential. The property is centrally located near Main Street amenities, seasonal communities, bungalow colonies, campgrounds, resorts, and local 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/playground area. The septic system is a valuable infrastructure upgrade and can help reduce utility costs by avoiding municipal sewer fees. The home also includes a basement with rooms and a bathroom. The neighbori