$ 999,000
-
$999,000
Price -
3
Bed -
2
Bath -
1,678
SqFt -
1
Acre
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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 for 242 Prospect Rd
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard,Oil
- Fireplaces:
- Floor:
- 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
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
242 Prospect Rd Blooming Grove, NY 10950
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