Prime Development And Investment Opportunity Located South Of Montauk Highway In Patchogue. 466 Munsell Road Features A Recently Approved 2-lot Subdivision Offering Both Immediate Rental Income And Future Development Potential. Lot 1 Includes A 2-story, 4-bedroom, 2-full-bath Home With Significant Recent Improvements, Including A Brand-new Septic System And Waterline, New Electrical Service And Panel, New Gas Boiler And Hot Water Tank, And A Second Full Bathroom Added In The Unfinished Basement. The Basement Offers Both Interior And Exterior Access. The Existing Home Is Currently Rented With A Valid Rental Permit, Producing Approximately $4, 000 Per Month In Rental Income. Lot 2 Is A Vacant Parcel With Subdivision Approval In Place, Providing The Opportunity To Construct A New 2-story Residence. Proposed Plans Call For A 7-bedroom, 4-bathroom Home (plans Available Upon Request). A Rare Opportunity To Acquire A Cash-flowing Property With Approved Subdivision In A High-demand South Shore Location.