$569,000

5017 S Fallsburg Main Street 5019, South Fallsburg, NY 12779

  • 9 beds |
  • 5 baths |
  • 2,931 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $194/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
June 26, 2026 at 6:22PM
Listing Office:
eRealty Advisors, Inc : 914-712-6330
MLS ID:
1003041
  • General: First Floor BedroomBuilt-in FeaturesOriginal Details
  • Basement: Common
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard
  • Parking: DrivewayParking Lot
  • Originating MLS: onekey2
  • School District: Fallsburg
  • County: Sullivan County
  • Zoning: 2889-054-0-0001-007-000
  • Utilities: Electricity ConnectedPhone Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: onekey2

This listing courtesy of eRealty Advisors, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location