Price Reduced 7.21%
Price History
$749,000
1/13/2026
$695,000
3/4/2026
3840 Linden Place, Hempstead, NY, 11550
7 beds
2 Full baths
1962
Hi Ranch, Other
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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
In Basement
Units:
2
Heating:
Hot Water, Natural Gas
Cooling:
None
Basement:
Finished, Full
Parking:
3-car, Driveway
Acreage:
0.11
Est. Taxes:
$17,747
Assessment
$301
Construction
Frame
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Middle School:
Alverta B Gray Schultz Middle Sch
High School:
Hempstead High School
School District:
Hempstead
Days on Market:
62
MLS #:
951139
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Coldwell Banker American Homes 516-223-2525