Unique 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.
Estimated Payment
$ 4,344.47 per month $1,814.79 Principal & Interest $2,425.00 Property Tax $104.68 Homeowner's InsuranceListing By
Agency Name: KW Hudson Valley United
Agency Contact: 845-791-8648
Shown By
Agent Name: RealtorBabu
Agent Phone: (718) 446-1300
Agency Title: Coldwell Banker American Homes
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6201 State Route 42 | MLS# 1040808
This single family home located at 6201 State Route 42 , Fallsburg, NY 12788 is currently listed for sale with an asking price of $358,900. This property was built in 1975 and has 3 bedrooms and 3 full baths with 2200 sq. ft. State Route 42 is located within the Fallsburg school district. Search Fallsburg real estate on www.homesbuy.net today.