56-58 Still Road, Monroe, NY 10950

  • $2,599,000

Overview

Property ID: H6336208
  • Triplex, Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 2560
  • 1900
  • Year Built

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!

Details

Updated on December 4, 2024 at 10:50 pm
  • Property ID: H6336208
  • Price: $2,599,000
  • Property Size: 2560
  • Land Area: 6.9 Acres
  • Bedrooms: 7
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1900
  • Property Type: Triplex, Residential Income
  • Property Status: Active

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Jerry Wang
  • Jerry Wang