220-228 S. Franklin St
hempstead, NY 11550$825,000
- contract signed
INTERESTED? LET'S CONNECT
Unique investment opportunity. 1 tax lot, 2 buildings.
Structure 1: 2-family, 2-story Colonial (circa. 1925) w/private yard and detached garage. Residential tenants Mo.-Mo.
Structure 2: single-story 3-unit tenant occupied multi-tenanted 'strip center' (circa. 1966) fully occupied by 2 tenants. Commercial tenants: Bar/Restaurant through 2033, Furniture store through 2027. Semi-net. Also Being offered with 229 -235 S. Franklin Avenue MLS# 805779. Investor can purchase 1 or both properties.
Stabilized Potential Gross Income: $150,00 (with residential TLC). R.E. Taxes: 47,502. Income and expenses attached.
Details
5,530 Sq Ft
0.23 Private Acres Exterior Space
Commercial
$47,502 Annual Tax
MLS/Listing ID 804752
4 Units
Amenities & Features
Construction - Clapboard
Heating - Other
Cooling - Multi-split AC
Construction - Brick
Listing Courtesy of LAFFEY REAL ESTATE, DIANE M. LEYDEN - 917-270-0216
Source of Data: ONEKEY MLS