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,… Read More 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. Read Less
Listing Courtesy of VYLLA Home, 888-575-2773.
Listing Snapshot
Days Online
76
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,018
Year Built
1932
Property Tax
$1,700
MLS Number
949385
30 Days Snapshot Of 11772
$618k
+11%
(avg) sold price
30
+20%
homes sold
138
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Electric Water Heater"
Basement
Description: "Unfinished"
Building
Area: 2018, Architecture: "Cape Cod", Building Area: 2018, Construction Materials: "Cedar", "Shake Siding", Levels: "Two", Year Built: 1932
Cooling
Details: "Wall/Window Unit(s)"
Heating
Heating: "Natural Gas"
Lot
Acres: 0.99
Utilities
Sewer: "Cesspool", Water Source: "Public", Utilities: "Electricity Connected"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.