69 Myrtle Avenue North Hempstead, NY 11590

$898,000
4
Beds
4
Baths
0.11
Acres
1,900
SQFT
473
$/SQFT
$898,000
4
Beds
4
Baths
1,900   sf
$473 / sf
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The Numbers Don't Lie...The price is well below its ZESTIMATED value! And the condition is even Better!Ideal Investment Property Opportunities or Future End-Users! Perfect paying long-time tenantsCurrent income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range.The spacious first-floor apartment offers approximately 1,200 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, main bedroom with an en suite bath, two additional bedrooms, and a full bath.The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase with its own heating zone and baseboard heat.Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.Excellent appearanceSeparate hot boilers and domestic water heaters for each unit

The Numbers Don't Lie...The price is well below its ZESTIMATED value! And the condition is even Better!Ideal Investment Property Opportunities or Future End-Users! Perfect paying long-time tenantsCurrent income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range.The spacious first-floor apartment offers approximately 1,200 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, main bedroom with an en suite bath, two additional bedrooms, and a full bath.The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase with its own heating zone and baseboard heat.Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.Excellent appearanceSeparate hot boilers and domestic water heaters for each unit

  • Neighborhood
  • Type
  • Total Baths
  • County
    Nassau County
  • Tax Amount
    $18,217
  • Status
    Active
  • Listing #
    810501
  • Built
    1973
  • Lot Size
    0.11
  • Listed on site
    10 days

Listed by:
Tapestry Real Estate of Queens

Source:
MLSLI

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Community Features

  • No HOA

Exterior features

  • Fence
  • No Pool
  • Basement

Interior Features

  • Wood Floors
  • Heat Gas
  • Walk-In Closet

Style

  • Cape
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