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5116 S Main ST Fallsburg, NY 12733
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,525 sqft
Price per Sqft $85
MLS Listing ID H6119818
Sold Date 04/11/22
Bedrooms 6
Full Baths 4
Originating Board onekey
Year Built 1920
Annual Tax Amount $7,000
Lot Size 1.780 Acres
Acres 1.78
Property Description
Come look at this multi family investment in the heart of Fallsburg. Property and units are well maintained inside and out. The main residence is a large 2 family house consisting of a spacious two floor 3 bedroom 1 bath apartment as well as a oversized 1 bath apartment on the 1st floor. This building has a new furnace and a basement with lots of storage. The owner has a small office in this space too. A sweet detached 1 bedroom 1 bath cottage has a new roof. In addition, there is a one bedroom summer cottage and a large double car detached garage. Long paved driveway provides plenty of parking. Tenants pay their own utilities. Garbage is included in taxes. Owner expenses are ground maintenance and insurance. If you are looking for a family compound, this property is completely fenced in with private grounds. Or, live in one unit and rent the others. Walking distance to stores etc. Owner has recently power washed all the buildings and is anxious to sell. Most tenants have left preparing for the sale, just the one bedroom cottage is rented with a month to month lease. Rentals are scarce in this area and these desirable apartments can be rented quickly. This property is ready for sale!
Location
State NY
County Sullivan
Rooms
Basement Partially Finished
Interior
Heating Electric, Oil, Baseboard, Hot Water, Steam
Cooling Window Unit(s)
Fireplace N
Exterior
Garage Detached, 2 Car Detached, Driveway
Garage Spaces 2.0
Parking Type Detached, 2 Car Detached, Driveway
Garage Yes
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Benjamin Cosor Elementary School
Middle Schools Fallsburg Junior-Senior High School
High Schools Fallsburg Junior-Senior High School
School District Fallsburg
Others
Senior Community No
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