BEDS3
BATHS1 full
SQUARE FEET1,020
MLS#000029
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLFallsburg
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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: See Remarks, Walk-Out Access
Cooling: None
Heating: Forced Air, Hot Air
Home Style: Cape Cod
Lot Size: 0.76 Acres
Taxes: $3,547
Year Built: 1914
Amenities
High Speed Internet
Playground
Feature Descriptions
Appliances: None
Days on Site: 8
Exterior: Frame
Lot Features: Level, Near Public Transit
Number Of Kitchens: 1
On Market Date: 2026-05-18
Parcel Number: 2889-054-0-0001-005-000
Parking Features: Driveway
Patio And Porch: Patio, Porch
Rental Term: Monthly
Rooms Total: 6
Seller Concession: Yes
Sewer: Septic Tank
Utilities: Natural Gas Connected
Water: Public
Local Schools
High School: Fallsburg Junior-Senior High School
Middle School: Fallsburg Junior-Senior High School
Elementary School: Benjamin Cosor Elementary School
School District: Fallsburg
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty
Agency Contact: 845-928-8000
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 1,352.82 per month $934.74 Principal & Interest $295.58 Property Tax $122.50 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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5033 Main Street | MLS# 000029
This single family home located at 5033 Main Street, South Fallsburg, NY 12779 is currently listed for sale with an asking price of $420,000. This property was built in 1914 and has 3 bedrooms and 1 full baths with 1020 sq. ft. Main Street is located within the Fallsburg school district. Search South Fallsburg real estate on www.coldwellbankerchoice.com today.