3840 Linden Place, Hempstead, NY 11550

$400,000
7
BD
2
BA

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Sold Price
$400,000
Days on Market
121
Closing Date
Aug 26, 2026
MLS#
951139
Status
CLOSED
Property Type
Duplex
Style
Hi Ranch, Includes Legal Accessory Apartment, Other
Year Built
1962
Property Tax
$17,747
School District
Hempstead
High School
Hempstead High School
Jr. High
Alverta B Gray Schultz Middle Sch

Property 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.

Additional Information

Bedrooms
7
Bathrooms
2
Full Baths
2
Acres
0.11
Parking
Driveway
Basement
Finished, Full
Laundry
In Basement
Heating
Hot Water, Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John C. Gandolfo (johngandolfosells@gmail.com) from Listing Office: Coldwell Banker American Homes.

Selling Office: Coldwell Banker American Homes.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.