3840 Linden Place, Hempstead, NY 11550
Local realty services provided by:ERA Top Service Realty
3840 Linden Place,Hempstead, NY 11550
$500,000
- 7 Beds
- 2 Baths
- 2,000 sq. ft.
- Multi-family
- Pending
Listed by: john c. gandolfo, barbara l. gandolfo
Office: coldwell banker american homes
MLS#:951139
Source:OneKey MLS
Price summary
- Price:$500,000
- Price per sq. ft.:$250
About this home
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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Home facts
- Year built:1962
- Listing ID #:951139
- Added:120 day(s) ago
- Updated:May 14, 2026 at 11:41 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Hardwood
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished, Full
- Living area:2,000 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1962
- Building area:2,000 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Hi Ranch
- Construction Materials:Frame
Schools
- High school:Hempstead High School
- Middle school:Alverta B Gray Schultz Middle Sch
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$250
- Tax amount:$17,747 (2024)
Parking
- Total parking spaces:3
- Parking description:Driveway
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