3840 Linden Place, Hempstead, NY 11550
- $400,000
- 7
- BD
- 2
- BA
- Sold Price
- $400,000
- Closing Date
- Aug 26, 2026
- Days on Market
- 121
- MLS#
- 951139
- Status
- CLOSED
- Bedrooms
- 7
- Bathrooms
- 2
- Lot Size
- 5000
Property Description
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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Additional Information
- Year Built
- 1962
- Style
- Hi Ranch, Includes Legal Accessory Apartment, Other
- School District
- Hempstead
- Middle School
- Alverta B Gray Schultz Middle Sch
- High School
- Hempstead High School
- Taxes Total
- 17747
- Heating
- Hot Water, Natural Gas
- Parking
- Driveway
- Parking Spaces
- 3
- Basement
- Finished, Full
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $17,747
Mortgage Calculator
Listing courtesy of Listing Agent: John C. Gandolfo (johngandolfosells@gmail.com) from Listing Office: Coldwell Banker American Homes.
Selling Office: Coldwell Banker American Homes.Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.