New ListingUnique riverfront property located directly on the Neversink River in the Catskills, offering a rare combination of rental income, river access, flexible living arrangements, and small-town Catskills charm. The property currently generates rental income and includes multiple apartments suitable for owner occupancy, investment, multi-generational living, or weekend use. Current rents have been intentionally kept below market levels to retain long-term, reliable tenants, providing potential upside for future owners. Enjoy peaceful river views, excellent natural light, skylights, multiple outdoor sitting areas, and a large backyard leading directly to the riverfront below. Fish, kayak, tube, relax by the water, or simply enjoy the changing seasons and wildlife along the Neversink River. Each apartment offers convenient off-street parking directly adjacent to the unit. The one-bedroom apartment includes two dedicated parking spaces and a private covered porch entrance. One apartment also features a private deck overlooking the river. Features include:Current rents below market value with future growth potentialDirect riverfront access on the Neversink RiverLarge backyard leading to the riverFlexible multi-unit living potentialPrivate deck overlooking the riverSkylights and excellent natural lightFiber high-speed internet available (up to 1000 Mbps)NYC bus stop nearbyPublic water, sewer, and trash serviceOff-street parkingRiverside storage/play structure suitable for kayaks, tubes, and outdoor gearExcellent trout fishing nearbyLocated approximately two hours from New York City with convenient access to local restaurants, shops, and services.This unique Catskills riverfront property combines income potential, outdoor recreation, flexibility, and convenient access to both nature and New York City, with a NYC bus stop located nearby.
| MLS # | 1040808 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 5 |
| Listing Provided By | KW Hudson Valley United | Pamela Henning |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,200 |
| Acreage | 0.84 |
| Water Front | Yes |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Kerosene, Oil |
| Interior Features | First Floor Bedroom |
| Appliances | Range, Refrigerator |
| Construction Materials | Vinyl Siding, Wood Siding |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Common, Off Site, Off Street |
| Utilities | Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 29100 |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Fallsburg |
| Zip Code | 12788 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12788) | |
Price: $358,900 low | high Med: $309,950 sqft: 2,200 low | high Med: 1,904 $ / sqft: $163 low | high Med: $163 On site: 5 low | high Med: 92 | |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Fallsburg |
| Zip Code | 12788 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12788) | |
Price: $358,900 low | high Med: $309,950 sqft: 2,200 low | high Med: 1,904 $ / sqft: $163 low | high Med: $163 On site: 5 low | high Med: 92 | |