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3840 Linden Place, Hempstead, NY 11550

$695,000
  • 3840 Linden Place, Hempstead, NY 11550 Main Photo

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MLS#951139
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLHempstead

Property Description

Great Investment Opportunity! This legal two-family, high-ranch style home offers a massive seven-bedroom layout in a prime location.First Floor: Features an open living/dining area, eat-in kitchen, three spacious bedrooms, and one full bathroom. This unit includes access to a full finished basement with dedicated laundry and utility space.Second Floor: Offers a large living/dining area, eat-in kitchen, four bedrooms, and one full bathroom.The Investor's Edge: Both units are Section 8 approved with reliable rental history. The property features 2 separate meters for gas, 2 separate meters for electric, (two boilers/two hot water heaters), significantly lowering landlord overhead. Additional highlights include hardwood floors throughout and a four-car driveway plus ample street parking.Income Details:Unit 1: $2,550/month, Voucher renewal 5/1/2026 with 5% increase to $2,677.50.Unit 2: $2,739/month, Voucher renewal 2/1/2026.Note: HOME WILL BE DELIVERED WITH EXISTING TENANTS AND LEASES TO TRANSFER TO NEW BUYER.

3840 Linden Place | MLS# 951139

This multi-family property located at 3840 Linden Place, Hempstead, NY 11550 is currently listed for sale with an asking price of $695,000. Linden Place is located within the Hempstead school district. Search Hempstead real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Hi Ranch, Other
Lot Size: 0.11 Acres
Taxes: $17,747
Year Built: 1962

Amenities

First Floor Bedroom
First Floor Full Bath

Feature Descriptions

Building Area Total: 2000
Days on Site: 94
Exterior: Frame
Flooring: Carpet, Hardwood
Heating Units: 2
Heating Zones: 2
Included In Taxes: Sewer, Trash
Laundry: In Basement
Lot Dimensions: 50x100
On Market Date: 2026-01-13
Parcel Number: 2013-34-384-00-0215-0
Parking Features: Driveway
Parking Total: 3
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Hempstead High School
Middle School: Alverta B Gray Schultz Middle Sch
School District: Hempstead

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Estimated Payment

$ 3,228.39 per month $1,546.77 Principal & Interest $1,478.92 Property Tax $202.71 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Coldwell Banker American Homes
Agency Contact: 516-223-2525

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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