$ 950,000
-
$950,000
Price -
4
Bed -
2
Bath -
2,018
SqFt
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About the Listing JOTS01 - 160562
Prime development and investment opportunity located south of Montauk Highway in Patchogue. 466 Munsell Road features a recently approved 2-lot subdivision offering both immediate rental income and future development potential. Lot 1 includes a 2-story, 4-bedroom, 2-full-bath home with significant recent improvements, including a brand-new septic system and waterline, new electrical service and panel, new gas boiler and hot water tank, and a second full bathroom added in the unfinished basement. The basement offers both interior and exterior access. The existing home is currently rented with a valid rental permit, producing approximately $4,000 per month in rental income. Lot 2 is a vacant parcel with subdivision approval in place, providing the opportunity to construct a new 2-story residence. Proposed plans call for a 7-bedroom, 4-bathroom home (plans available upon request). A rare opportunity to acquire a cash-flowing property with approved subdivision in a high-demand South Shore location.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Electric Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: First Floor Bedroom,Entrance Foyer,Master Downstairs,Walk Through Kitchen
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Cesspool
- Parking Features: Driveway
Financial Details
- Tax Amount: $1,700
- Taxes w/Assessments: N/A
- Tax/Property ID: 0200-975-90-03-00-005-001
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
466 Munsell Rd East Patchogue, NY 11772
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