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. On the lower level, you'll find a well-appointed two-bedroom, one-bathroom apartment complete with an in-unit washer and dryer. 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 Mountain's world-class skiing awaits just eight minutes away. The neighborhood charm extends to local gems like Mama's Boy Burgers, Last Chance Antiques & Cheese Café, the scenic Tannersville Bike Path, and of course North South Lake (only 5 minutes away!) The location presents intriguing possibilities for commercial applications, adding another layer of potential to this already impressive property. Here's 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 12! A 3D Walkthrough Tour is available in the digital Lookbook or by request from the listing agent.