ADDRESS
2400 HEMPSTEAD TPKE,
EAST MEADOW, NY 11554
**Welcome to Your Investment Opportunity: Multifamily Home for Sale!** Discover a fantastic investment in this well-maintained multifamily residence, featuring Four spacious apartments, each boasting three bedrooms and one bath. The property includes a full basement, offering additional storage and utility space for tenants. The current layout allows for comfortable living, with each unit featuring generous living areas, well-appointed kitchens, and three bedrooms ideal for families or groups. Tenants are responsible for their own gas and electricity, ensuring a straightforward management experience. This property also comes with detached garages, providing convenient parking and additional rental potential, as they are metered separately. With a current yearly cash flow of $141,031 and a capitalization rate of 7.5%, this is an excellent opportunity for both seasoned investors and those looking to enter the rental market. Don’t miss out on the chance to own a stable and profitable asset
3 days ago | Price changed to $1,800,000 | |
3 days ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
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