Kapelli Realty
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Hempstead NY, 11550 $1,300,000

Commercial For Sale 8 Beds , 4 Full Bath , 4320 SqFt 

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Details ML#: 3568033  

  • Style: Other
  • # of Families: 4
  • Year Built: 1950
  • Taxes: $28,791
  • Status:Active

Description

Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased with contracts running through March and May 2025. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed just last year, adds to the property’s appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past four years. Please note that the property is tenant-occupied, and access is limited to the basement only. Street parking is available. Whether you’re looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!

More Property Details

Room Information

Bedroom: 8   Full Bath: 4   Other: 4  

Property Features

Lot Sq Ft: 4000   Approx. Int. Sq. Ft.: 4320.00   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Hot Water   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $28,791  

Local Area Information

School District: Alverta B Gray Schultz Middle Sch   Block: 55   Lot: 89  

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Listing Information provided courtesy of Howard Hanna Coach OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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