493 Munsell Road, E. Patchogue, NY 11772

$1,250,000
4
BD
3
BA
1,520
SqFt

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List Price
$1,250,000
Price Change
▼ $100,000 1780000772
Days on Market
190
MLS#
949387
Number Of Families
1
Status
ACTIVE
Bedrooms
4
Bathrooms
3
Living Area
1,520
Lot Size
127195

Property Description

Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential. Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income. Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available). Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.

Additional Information

Year Built
1910
Style
Farmhouse
School District
Patchogue-Medford
Elementary School
Bay Elementary School
Middle School
Saxton Middle School
High School
Patchogue-Medford High School
Total Taxes
11554
Heating
Baseboard, Natural Gas
Parking
Driveway
Basement
Crawl Space
Water
Public
Sewer
Cesspool
Number Of Kitchens
1
Taxes
$11,554

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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.