Hempstead NY, 11550
$1,300,000
Commercial
For Sale
8 Beds
, 4 Full Bath
, 4320 SqFt
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
Bedroom: 8
Full Bath: 4
Other: 4
Lot Sq Ft: 4000
Approx. Int. Sq. Ft.: 4320.00
Parking Facilities: On Street
Heat: Natural Gas, Hot Water
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $28,791
School District: Alverta B Gray Schultz Middle Sch
Block: 55
Lot: 89