242 Prospect Rd

Monroe, NY 10950
  • $999,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,678

    SqFt

About the Listing APPWOL - 50387

**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.**

Listing Highlights

Status Active
Days on Site 0
Property Type Residential
MLS ® 1035856
Year Built 1980
Total Square Footage 1,678
Lot/Acreage 1

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Baseboard,Oil
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Walk-Out Access
  • Other:
  • Water: Well

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: 2 car
  • Roof:
  • Others:
  • Sewer: Septic Tank
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $12,873
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 332003-203-000-0001-008.000-0000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Questions About..

242 Prospect Rd Monroe, NY 10950

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Originating MLS: onekey2

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