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Monroe,NY 10950
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6336208
Style Craftsman
Bedrooms 7
Full Baths 3
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $16,619
Lot Size 6.900 Acres
Acres 6.9
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!
Location
State NY
County Orange County
Interior
Interior Features Washer/Dryer Hookup
Heating Natural Gas,Forced Air
Cooling None
Flooring Hardwood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Attached,Storage
Utilities Available Trash Collection Public
Total Parking Spaces 1
Garage false
Private Pool No
Building
Lot Description Near Public Transit,Near School,Near Shops
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Pine Tree Elementary School
Middle Schools Monroe-Woodbury Middle School
High Schools Monroe-Woodbury High School
School District Monroe-Woodbury
Others
Senior Community No
Special Listing Condition None