Welcome to 29 Elm Avenue, Hempstead, a legal two-family Colonial offering excellent income-producing potential and exceptional flexibility. This turnkey property has been thoughtfully updated and is ready for immediate occupancy or investment. This is a 4 bedroom, 5 bath Colonial. Recent improvements include brand-new siding, a high-efficiency Navien gas heating system, refinished hardwood floors, and upgraded 200-amp electrical service. The home features two separate front entrances, as well as separate gas and electric meters, providing added convenience for ownership and property management. Situated on a spacious lot, the property offers an extended private driveway with ample off-street parking. The expansive backyard provides additional outdoor space and includes a detached shed with electric service, offering a variety of potential uses such as a workspace, studio, hobby area, or storage. Conveniently located near shopping, dining, transportation, parks, schools, and major roadways, this well-maintained property presents a rare opportunity to own a move-in-ready legal two-family home with strong rental income potential. A true turnkey property with major capital improvements already completed.