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3840 Linden Place, Hempstead, NY, 11550

7beds
2baths
2,000sqft
$500,000
$250price/sqft
$3,751/moest. monthly cost
$150,040/yrincome needed

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.

Getting Around

76
WalkingVery Walkable
44
TransitSome Transit
60
BikeBikeable

Schools

4/10
Joseph McNeil SchoolGrades 1-60.3 mi
3/10
Hempstead High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Actual
  • Year built: 1962

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • First Floor Bedroom,First Floor Full Bath
  • Flooring: Carpet,Hardwood

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Property

Details

  • Parcel number: 2013343840002150
  • Special condition: None

Lot

  • Lot size: 5,000 sqft
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 3
  • Parking features: Driveway
  • Has uncovered spaces: Yes