New Listing - 11/25/2024

$2,599,000

Est. Mortgage $12,802/mo *

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56-58 Still Road, Monroe, NY, 10950

56-58 Still Road, Monroe, NY, 10950
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7 beds

3 Full baths

1900

Craftsman

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!

Status:

Active

Type:

Single-family residential

Units:

3

Heating:

Natural Gas, Forced Air

Cooling:

None

Parking:

1-car, Attached, Storage

Acreage:

6.9

Est. Taxes:

$16,619

Assessment

$69,300

Construction

Frame, Wood Siding

Utilities

Trash Collection Public

Lot Description:

Near Public Transit, Near School, Near Shops

Elementary School:

Pine Tree Elementary School

Middle School:

Monroe-Woodbury Middle School

High School:

Monroe-Woodbury High School

School District:

Monroe-Woodbury

Days on Market:

2

Appliances:

Gas Water Heater

MLS #:

H6336208

Community Info

School Info

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Listing courtesy of Exit Realty Venture 845-608-1531