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 By
Agency Name: VYLLA Home
Agency Contact: 888-575-2773
Shown By
Agent Name: Elizabeth
Agent Phone: Cell: (516) 375-7081
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 4,498.59 per month $4,079.84 Principal & Interest $141.67 Property Tax $277.08 Homeowner's Insurance
466 Munsell Road | MLS# 949385
This single family home located at 466 Munsell Road , East Patchogue, NY 11772 is currently listed for sale with an asking price of $950,000. This property was built in 1932 and has 4 bedrooms and 2 full baths with 2018 sq. ft. Munsell Road is located within the South Country school district. Search East Patchogue real estate on www.lizbreslinrealtor.com today.