350 Jerusalem AveHempstead, NY 11550

Property Details for 350 Jerusalem Ave

Property size (Sq ft)

4,929 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property at 350 Jerusalem Ave, Hempstead, NY 11550, presents a compelling investment opportunity. The 4,929 square foot building is a fully occupied two-family home featuring eight bedrooms and three bathrooms distributed across both units. Currently generating a stable monthly income of $5,400, this property offers immediate cash flow. Recent significant renovations enhance its value and appeal. These upgrades include a new roof, siding, and windows, along with completely renovated kitchens and bathrooms. New carpeting throughout and a boiler replacement just two years ago ensure long-term efficiency and reduced maintenance costs. A full finished basement provides ample additional space, while a private driveway and a backyard storage shed add to the property's practicality. Its convenient location near essential amenities and transportation options in Hempstead, New York, further strengthens its investment potential. The asking price is $737,800. This property is an ideal blend of residential comfort and strong financial returns, making it a highly attractive investment prospect.

Location Insight

City

Hempstead

County

36059

State

New York

Latitude

40.702

Longitude

-73.6045

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