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MLS ID KEY1003041Last updated Jul 26, 2026

Duplex

5017 Fallsburg Main Street #5019

Active · Fallsburg · Sullivan County, NY 12779

Asking price$539,000Request a Showing
Bedrooms
9 Beds
Bathrooms
5 Baths
Year built
1900
Est. monthly taxes
$505.06
Property gallery0 / 17
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About this home

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 snapshot

Days on site
59 days
Listed on MLS
May 26, 2026
Full baths
5
Annual property tax (MLS)
$6,060.72
Tax year
2025
Listing brokerage
eRealty Advisors, Inc
MLS ID
KEY1003041
Last updated
Jul 26, 2026

General features

Property type
Duplex
Year built
1900
Garage
No
Parking
Driveway, Parking Lot
Water source
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Phone Connected

Interior features

Basement
Common
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Interior
First Floor Bedroom, Built-in Features, Original Details
Fireplace
No

Exterior features

Construction materials
Aluminum Siding, Frame, Vinyl Siding

Schools (MLS)

Elementary school
Benjamin Cosor Elementary School
Elementary school district
Fallsburg
Middle school
Fallsburg Junior-Senior High School
Middle school district
Fallsburg
High school
Fallsburg Junior-Senior High School
High school district
Fallsburg

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Fallsburg · Sullivan County, NY 12779Show interactive map
5017 Fallsburg Main Street #5019

Fallsburg · Sullivan County, NY 12779

Google Maps directions

Listing data is supplied by the MLS and may change without notice.