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Hempstead, NY 11550
Property Type
Duplex
Year Built
1962
Home Style
Hi Ranch, Other
Listing courtesy of John C. Gandolfo of Coldwell Banker American Homes.
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.
0.1148 Acres
2
2
7
Hempstead
Duplex
1962
In Basement
Hi Ranch, Other
Frame
2
1962
new-york
Driveway
Finished, Full
Carpet, Hardwood
Yes
Yes - Hot Water, Natural Gas
Public
Total$3,643.24/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
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