Hempstead

Address: ‎64 Stewart Avenue

Zip Code: 11550

2 fam, 4 bed, 2 bath

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$625,000

ID # 812797

English

Broker Contact

Bushman Hill Real Estate Office: ‍914-703-8609

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ID #‎ 812797
Details2 fam, 4 bed, 2 bath, AC, Lot Size: 0.06 acres, 2 Units in the building
(DOM): 69 days
Construction Year1912
Taxes
(per year)
$14,454
Fuel TypeGas
Air
Conditioning
Wall Unit AC
LIRR0.4 miles: "Hempstead"
0.7 miles: "Country Life Press"

Home price

$625,000

Loan amt (per month)

$3,160

Down payment

$125,000

Interest Rate
Length of Loan

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房屋英文概況 English Description

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!!! © 2024 OneKey™ MLS, LLC

Courtesy of Bushman Hill Real Estate

公司: ‍914-703-8609




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$625,000

ID # 812797
‎64 Stewart Avenue
Hempstead, NY 11550
2 fam, 4 bed, 2 bath


Listing Agent(s):‎
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Office: ‍914-703-8609

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