BrittanyMcDermott
BEDS4
BATHS5 full
MLS#1007868
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHempstead
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Home Style: Colonial
Lot Size: 0.23 Acres
Taxes: $15,200
Year Built: 1908
Amenities
First Floor Bedroom
First Floor Full Bath
Cathedral Ceiling(s)
Awning(s)
Feature Descriptions
Building Area Total: 1768
Days on Site: 13
Exterior: Vinyl Siding
Flooring: Hardwood
Heating Units: 2
Heating Zones: 2
Lot Dimensions: 50x200
Lot Features: Back Yard, Cleared
On Market Date: 2026-06-17
Parcel Number: 2013-34-377-00-0132-0
Parking Features: Driveway, Oversized
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 2
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water: Public
Local Schools
High School: Hempstead High School
Middle School: Alverta B Gray Schultz Middle Sch
Elementary School: Joseph McNeil School
School District: Hempstead
Estimate Your Payment
Estimated Payment
$ 5,539.89 per month $4,040.18 Principal & Interest $1,266.67 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Signature Premier Properties
Agency Contact: 631-673-3700
Shown By
Agent Name: Brittany McDermott
Agent Phone: (516) 592-8153
Agency Title: Coldwell Banker American Homes
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29 Elm Avenue | MLS# 1007868
This multi-family property located at 29 Elm Avenue, Hempstead, NY 11550 is currently listed for sale with an asking price of $799,000. Elm Avenue is located within the Hempstead school district. Search Hempstead real estate on bmcdermott.cbamhomes.com today.