Presented by CS Realty Request Showing Print Listing
Single Family House in Orange County
MLS Number1035856
Address242 Prospect Road, Monroe, NY 10950 show map
Price$999,000 show mortgage calculator
Acres1
Bedrooms3
Bathrooms1 / 1
Year Built1980
Est. Sq. Footage1678
Elementary SchoolRound Hill Elementary School
Jr High-Middle SchoolWashingtonville Middle School
High SchoolWashingtonville Senior High School
Estimated Taxes$12,873
HOA Fees
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Remarks

**A Rare Development & Investment Opportunity** This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations: **234 Prospect Road • 236 Prospect Road • 242 Prospect Road** Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.** The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals). Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas. While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential. Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.** surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**

Amenities

This listing is Courtesy of eRealty Advisors, Inc (914-712-6330).

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