Hempstead, NY 11550

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$1,399,999
Annual Taxes:$30,388
6243 Northern Blvd
Phone:
Listing Courtesy of Howard Hanna Coach

Calling all savvy investors !

Description

Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed 3 years ago, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past five years. Please note that the property is tenant-occupied, and access is limited to the basement only by appointment. Street parking is available. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed! Annual Rental Income: $106,200 Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564) Insurance: $3,600 Water: $900

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Level
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.