466 Munsell Road, E. Patchogue, NY 11772

$950,000
4
BD
2
BA
2,018
SqFt

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List Price
$950,000
Days on Market
222
MLS#
949385
Status
ACTIVE
Property Type
Single Family Residence
Style
Cape Cod
Year Built
1932
Property Tax
$7,324
School District
South Country
High School
Bellport Senior High School
Jr. High
Bellport Middle School
Elementary School
Verne W Critz Elementary School

Property Description

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.

Additional Information

Bedrooms
4
Bathrooms
2
Full Baths
2
Square Footage
2,018
Acres
0.99
Parking
Driveway
Basement
Unfinished
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Cesspool

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bryan Whalen (builders@4whalenhomes.com) from Listing Office: VYLLA Home.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.