Hempstead Multi-Family Investment
3840 Linden Place, Hempstead, NY 11550
- Added:
- Jan 12, 2026
- Days on Market:
- 121
- Last Refresh:
- May 13 at 1:06 am
Property Features for 3840 Linden Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 7, Basement, Bathroom 1, Bedroom 4
- Parking
- 3
- Parking features
- Driveway
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 2013-34-384-00-0215-0
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 17747
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1962
- Number of units
- 2
- Flooring type
- Hardwood, Carpet
- Building materials
- Frame
- Architectural style
- Ranch
Listing agent John C. Gandolfo License #30GA0946823 (516) 779-8423
Listing office Coldwell Banker American Homes 493 Atlantic Ave, East Meadow, NY (516) 223-2525
Listing date Jan 12, 2026
MLS# 951139
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Legal two‑family home with Section 8 approved tenants and reliable rental history, providing immediate income.
- Massive seven‑bedroom layout (3 BR unit + 4 BR unit) suitable for large families or continued rental income.
- Separate gas and electric meters for each unit, significantly reducing landlord overhead expenses.
- Voucher renewals in place for both units until 2026, with a scheduled rent increase for one unit.
- Full finished basement with dedicated laundry and utility space for the first‑floor unit.
- Four‑car driveway plus ample street parking available.
Overview
This legal two-family, high-ranch style home presents a great investment opportunity. The property features a seven-bedroom layout in a prime location. The first floor unit includes an open living/dining area, an eat-in kitchen, three spacious bedrooms, and one full bathroom. This unit also has access to a full finished basement with dedicated laundry and utility space. The second floor unit offers a large living/dining area, an eat-in kitchen, four bedrooms, and one full bathroom. Both units are Section 8 approved with reliable rental history. The property includes two separate meters for gas and two separate meters for electric, along with two boilers and two hot water heaters. Additional features include hardwood floors throughout and a four-car driveway, complemented by ample street parking. Unit 1 generates $2,550 per month, with a voucher renewal scheduled for 5/1/2026, projecting a 5% increase to $2,677.50. Unit 2 currently yields $2,739 per month, with its voucher renewal on 2/1/2026. The home will be delivered with existing tenants, and leases will transfer to the new buyer. The property is located in Hempstead, NY, in Nassau County, and has a lot size of 0.1148 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.5599303
- Latitude
- 40.6955556
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Legal two-family home with reliable rental history and Section 8 approval.
Where is this duplex located?
The property is located at 3840 Linden Place Hempstead, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Legal two‑family home with Section 8 approved tenants and reliable rental history, providing immediate income.; Massive seven‑bedroom layout (3 BR unit + 4 BR unit) suitable for large families or continued rental income.; Separate gas and electric meters for each unit, significantly reducing landlord overhead expenses.
