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.
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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 InsuranceListing 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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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.