Search Results

4
64 Stewart Avenue Hempstead, NY 11550

$625,000

4 Bedrooms 2 Full Baths

Misc For Sale NEW ML# 812797

AMAZING INVESTMENT OPPORTUNITY THAT YOU WILL NOT WANT TO MISS! This 2 family comes fully occupied with Section 8 tenants, with a gross monthly income of $5, 400! Both tenants have newly renewed leases as of December, 2024 under the NYS HCR EHV Program. The annual gross income is $64, 800, with a NOI of $44, 400 after expenses (utilities, taxes, insurance), which is a 7.1% cap rate! There is only one gas meter, both tenants pay their own electric bills, and landlord pays on average $300 monthly for the gas bill. Driveway is newly paved, roof is only a few years old, boiler has been recently serviced, and there will be new floors put on the first floor. This is an opportunity for an investor obtain an incredible asset that produces sufficient cash flow. PLEASE CALL OR TEXT NOW, DO NOT MISS OUT!!!

Presented By: Bushman Hill Real Estate 914-703-8609
Call Today: or Email: Crifasi Real Estate
Temporary Off Market

Upcoming Open House View Location

The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than CrifasiRealEstate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

1 properties match your search;

Questions? Just Ask!

Audio
Auto
Bar
Beauty/Barber
Church
Deli
Distributor
Drug/Beauty
Fast Food
Florist/Nursery
Gas Station
Health Spa/Gym
Laund/Dry Clean
Liquor Store
Maintenance
Manufacturer
Marine
Misc
Motel/Hotel
Pizza
Recreation
Restaurant
Retail
Retail Food
Routes
Services
Stationary
Video
Wholesale

1 properties match your search;

1 with Multiple photos ; 0 with Virtual Tour ; 0 with Videos

Questions? Just Ask!