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 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.
| MLS # | 1007868 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1908 |
| Days On Site | 86 |
| Listing Provided By | Signature Premier Properties | Jonathan Riechert |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 1,768 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.23 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s) |
| Exterior Features | Awning(s) |
|---|---|
| Construction Materials | Vinyl Siding |
| Lot Features | Back Yard, Cleared |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Oversized |
| 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 |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 15200 |
| State | NY |
|---|---|
| County | Nassau County |
| City | Hempstead |
| Zip Code | 11550 |
| School District | Hempstead High School |
| Elementary School | Joseph McNeil School |
| High School | Hempstead High School |
| Listing VS Median (in 11550) | |
Price: $879,000 low | high Med: $620,000 sqft: 1,768 low | high Med: 1,409 $ / sqft: $497 low | high Med: $440 On site: 86 low | high Med: 46 | |
| State | NY |
|---|---|
| County | Nassau County |
| City | Hempstead |
| Zip Code | 11550 |
| School District | Hempstead High School |
| Elementary School | Joseph McNeil School |
| High School | Hempstead High School |
| Listing VS Median (in 11550) | |
Price: $879,000 low | high Med: $620,000 sqft: 1,768 low | high Med: 1,409 $ / sqft: $497 low | high Med: $440 On site: 86 low | high Med: 46 | |