Address
5033 Main Street, South Fallsburg, NY
Price
$ 420,000
Property Attributes
- MLS#000029
- TypeSingle Family
- Listing Status Active
- CountySULLIVAN
- CitySouth Fallsburg
- Zip12779
- StyleCape Cod
- Year Built1914
- Taxes$ 3547
- Price$ 420,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1020
- Lot Size0.76 Acres
Data Source:
Listings courtesy of OneKey® MLS as distributed by MLS GRID
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Benjamin Cosor Elementary School | Fallsburg Junior-Senior High School | Fallsburg Junior-Senior High School |
| Price History | |
|---|---|
| 5/18/2026 | Listed $420,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air,Hot Air |
| Cooling | None |
| Utilities | Natural Gas Connected |
| Appliances | None |
| Patio/Porch Features | Patio,Porch |
| Architectural Style | Cape Cod |
| Construction Materials | Frame |
| Year Built | 1914 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Parcel Number | 2889-054-0-0001-005-000 |
| County | Sullivan County |
| Property Type | Residential |
| HOA | No |
| Garage Y/N | No |
| Total Rooms | 6 |
| Full Baths | 1 |
| Directions | Route 42 / Main Street in South Fallsburg. Property located on Main Street. |
| High School | Fallsburg Junior-Senior High School |
| City | Fallsburg |
| Disclosures | Lead Paint |
| Senior Community Y/N | No |
| High School District | Fallsburg |
| Carport Y/N | No |
| Elementary School | Benjamin Cosor Elementary School |
| Property Attached Y/N | No |
| Tax Annual Amount | 3547.55 |
| Middle/Junior High School | Fallsburg Junior-Senior High School |
| Property Condition | Actual |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Fallsburg |
| Elementary School District | Fallsburg |
| Tax Assessed Value | 43900 |
| PostalCity | South Fallsburg |
| AttributionContact | 845-928-8000 |
| Listing Appliances | None |
Interior Features
| Interior Amenities | High Speed Internet |
|---|---|
| Basement | See Remarks,Walk-Out Access |
| Basement Features | See Remarks, Walk-Out Access |
| Basement (Y/N) | Yes |
| Total Bedrooms | 3 |
| Total Baths | 1 |
| General Features | High Speed Internet |
Exterior Features
| Exterior Amenities | Playground |
|---|---|
| Parking Features | Driveway |
| Water Source | Public |
| Parking Features | Driveway |
| Waterfront Y/N | No |
| General Features Ext. | Playground |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 12779
Price
Taxes
Year Built
Visits
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