$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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