$2,599,000
56-58 Still Road, Monroe, NY 10950, Monroe NY 10950
Bedrooms:
7
Bathrooms:
3
Status:
Active
Days on Market:
79
MLS ID:
ONEH6336208
Property Description
This is a rare investment opportunity! Exploring the potential of land development reveals several possibilities. Every 20,000-square-foot plot can accommodate a single-family house, for a total of 12 houses. However, if it is built as a 55+ community, the same area can have 22 single-family units. If you choose to build multi-dwelling buildings, you can build 5 buildings, each with 15 units. For instance, there are 2 beautiful renovated houses, The current rent is $5,350 Monthly and, $64,200 yearly Starting September 2025 rent will be $6,150 Monthly, and $73,800 yearly. The property has municipal water and municipal sewer. This site is very builder-friendly, Wide open, with no rock or ledge, and very accessible to retail, within walking distance of all amenities. Don't miss this one! BuildingAreaSource: Public Records, ConstructionDescription: Wood Siding,
Property Details
Bedrooms:
7
Bathrooms:
3
Type:
Residential Income
Year Built:
1900
Lot Size:
6.9
Garage Spaces:
1
Taxes:
16619
Style:
Arts and Crafts
Basement:
None
Construction Materials:
Frame,Wood Siding
Flooring:
Hardwood
Heating:
Natural Gas,Forced Air
Interior Features:
Wash/Dry Connection
Parking Features:
Attached,No Garage,Storage
Sewer:
Public Sewer
Other Features
Map
Listed By:
Exit Realty Venture
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