Multi Family 2-4 in Orange County
| MLS Number | H6336208 |
|---|---|
| Address | 56-58 Still Road, Monroe, NY 10950 show map |
| Price | $2,599,000 show mortgage calculator |
| Acres | 6.9 |
| Year Built | 1900 |
| Est. Sq. Footage | 0 |
| Elementary School | Pine Tree Elementary School |
| Jr High-Middle School | Monroe-Woodbury Middle School |
| High School | Monroe-Woodbury High School |
| Estimated Taxes | $16,619 |
| Total Apt Units | 3 |
| Total Bedrooms | 7 |
| # 2 Brs | 1 |
| # 4 Brs | 1 |
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!
Walk Metro-North RR
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