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
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,533.04 per month $2,114.29 Principal & Interest $141.67 Property Tax $277.08 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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.coldwellbankerchoice.com today.