This Property is being sold with multiple lots included. There are three structures and multiple rental units included. Addresses are 5033, 5037 & 5039 Main St. Fallsburg.5037 small house rented have 2 rooms a kitchen one full bathroom income $1000 a month in one small extra small house with one room one bath need repair no rented yet 5039 bring now $3000 a month all rent now below market income for boot lots its $84000 a year in expenses only $10533 a year almost $74000 profit
property sold with 5037 in 5039 as a package this have 4 buildings 5033 have 2 units an income off $2000 have 3 flats in rigth now used both apartments one tenant ,5037 one unit $1000 a month, 5039 2 units $3000 income a month in an extra unit in back total off 6 unit boot lots 0.76 ac all rented apartments blow market price rent income a year $84000 expenses $10533 almost $74000 profit a year
Investment opportunity available now! This beautiful, fully occupied two-family home, built in 1949, is in excellent condition with reliable tenants who wish to stay. The property features a spacious, level backyard and a charming balcony on the lower apartment, perfect for outdoor dining and relaxation. The upstairs unit has two bedrooms and one full bath, while the downstairs unit offers three bedrooms and one full bath. Located in the desirable Town of Fallsburg, this property is ideal for both investors seeking income generation and homeowners looking to live in one unit while renting out the other.
The median home value in South Fallsburg, NY is $285,000. This is higher than the county median home value of $254,500. The national median home value is $338,100. The average price of homes sold in South Fallsburg, NY is $285,000. Approximately 19.23% of South Fallsburg homes are owned, compared to 33.91% rented, while 46.86% are vacant. South Fallsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Fallsburg real estate agent to arrange a tour today!
South Fallsburg, New York has a population of 1,066. South Fallsburg is less family-centric than the surrounding county with 8.77% of the households containing married families with children. The county average for households married with children is 27.82%.
The median household income for the surrounding county is $63,393 compared to the national median of $69,021. The median age of people living in South Fallsburg is 39.9 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 50.9 inches per year, with 65.1 inches of snow per year.