220-228 S. Franklin Street Hempstead, NY 11550
Mixed Use
MLS #: 804752
Courtesy Of Laffey Real Estate
Property InformationDescription
Unique investment opportunity. 1 tax lot, 2 buildings.
Structure 1: 2-family, 2-story Colonial (circa. 1925) w/private yard and detached garage. Residential tenants Mo.-Mo.
Structure 2: single-story 3-unit tenant occupied multi-tenanted 'strip center' (circa. 1966) fully occupied by 2 tenants. Commercial tenants: Bar/Restaurant through 2033, Furniture store through 2027. Semi-net. Also Being offered with 229 -235 S. Franklin Avenue MLS# 805779. Investor can purchase 1 or both properties.
Stabilized Potential Gross Income: $150,00 (with residential TLC). R.E. Taxes: 47,502. Income and expenses attached.
Structure 1: 2-family, 2-story Colonial (circa. 1925) w/private yard and detached garage. Residential tenants Mo.-Mo.
Structure 2: single-story 3-unit tenant occupied multi-tenanted 'strip center' (circa. 1966) fully occupied by 2 tenants. Commercial tenants: Bar/Restaurant through 2033, Furniture store through 2027. Semi-net. Also Being offered with 229 -235 S. Franklin Avenue MLS# 805779. Investor can purchase 1 or both properties.
Stabilized Potential Gross Income: $150,00 (with residential TLC). R.E. Taxes: 47,502. Income and expenses attached.
Features
- Amenities: Dock
- Architecture Style: Other
- Building Units: 4
- Exterior Type: Clapboard
- Exterior Type: Brick
- MLSID: 804752
- Rooms: Basement
MAP & DIRECTIONS
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