John Gandolfo
BEDS7
BATHS2 full
MLS#951139
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHempstead
Listed By / Shown By
Listed and Shown By
Agency Name: Coldwell Banker American Homes
Agent Name: John Gandolfo
Agent Phone: Cell: (516) 779-8423
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Hi Ranch, Other
Lot Size: 0.11 Acres
Taxes: $17,747
Year Built: 1962
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Building Area Total: 2000
Days on Site: 98
Exterior: Frame
Flooring: Carpet, Hardwood
Heating Units: 2
Heating Zones: 2
Included In Taxes: Sewer, Trash
Laundry: In Basement
Lot Dimensions: 50x100
On Market Date: 2026-01-13
Parcel Number: 2013-34-384-00-0215-0
Parking Features: Driveway
Parking Total: 3
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Hempstead High School
Middle School: Alverta B Gray Schultz Middle Sch
School District: Hempstead
Estimate Your Payment
Estimated Payment
$ 5,195.92 per month $3,514.30 Principal & Interest $1,478.92 Property Tax $202.71 Homeowner's InsuranceChange Payment Information
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3840 Linden Place | MLS# 951139
This multi-family property located at 3840 Linden Place, Hempstead, NY 11550 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $695,000. Linden Place is located within the Hempstead school district. Search Hempstead real estate on johngandolfo.cbamhomes.com today.