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3840 Linden Place
House in Hempstead •  building info
7bd • 2ba • 5,000ft² $139 per ft²
List Price

$695,000

Listing Agent
John C. Gandolfo  • Coldwell Banker American Homes
Key Details
Listed today
Last price change
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Estimated payment
$5,229/mo
Taxes
$1,479/mo
Maintenance
N/A
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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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$695,000
Asking Price: $695,000
Term
30 Years
Down Payment
$69,000 (10%)
Min: 10% (69,000)
Rate
6.0 %
Mortgage Amount
$625,500
Mortgage Payment
$3,750
Taxes
$1,479
Estimated closing cost
$21,000
Total monthly cost $5,229
Listing Courtesy of Coldwell Banker American Homes

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