James Q. Collins

5807 Main Street, Tannersville, NY 12485

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Property Description

Discover an exceptional multi-family home in charming Tannersville that perfectly balances mountain living with smart investment potential. This versatile property features three distinct living spaces designed to accommodate various lifestyle needs and income opportunities.The main house welcomes you with three comfortable bedrooms and two full bathrooms, crowned by an expansive deck that overlooks a generous backyard where morning coffee tastes better and evening gatherings naturally extend into the night. The thoughtful layout maximizes both privacy and communal spaces, creating an ideal living environment.On the lower level, youll find a well-appointed two-bedroom, one-bathroom apartment complete with in-unit washer and dryer convenience. This self-contained space offers excellent rental potential or provides the perfect setup for flexible living arrangements.The property rounds out with a spacious studio apartment that showcases remarkable flexibility. Whether you envision a creative retreat, home office, additional rental unit, or guest accommodation, this space adapts to your ambitions.Location advantages abound in this mountain community setting. Hunter Mountains world-class skiing awaits just eight minutes away, making winter adventures practically effortless. The neighborhood charm extends to local gems like Mamas Boy Burgers, Last Chance Antiques & Cheese Café, the scenic Tannersville Bike Path, and of course North South Lake (only 5 minutes away!) creating a lifestyle that celebrates both outdoor recreation and small-town authenticity.The location presents intriguing possibilities for commercial applications, adding another layer of potential to this already impressive property. Heres your opportunity to embrace mountain living while building equity through multiple revenue streams in one of the Catskills most desirable communities.Projected Cap rate over 11!A 3D Walkthrough Tour is available in the digital Lookbook or by request from the listing agent.

5807 Main Street | MLS# 20254595

This multi-family property located at 5807 Main Street, Tannersville, NY 12485 is currently listed for sale with an asking price of $475,000. Main Street is located within the Hunter-Tannersville school district. Search Tannersville real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electric
Heating: Baseboard, Electric, Separate Meters
Lot Size: 0.60 Acres
Taxes: $4,246
Year Built: 1960

Feature Descriptions

Days on Site: 161
Parcel #: 182.06-1-24
Parking: Off Street, Additional Parking
Patio/Porch: Deck
SQFT Total: 2371
Units: 3

Local Schools

School District: Hunter-Tannersville

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Estimated Payment

$ 1,549.52 per month $1,057.14 Principal & Interest $353.83 Property Tax $138.54 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Village Green

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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