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$ 925,000
Est. payment /mo
Active
171 S Franklin ST Hempstead, NY 11550
2,927 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 911557
Rental Info No
Year Built 1926
Annual Tax Amount $28,860
Lot Size 2,927 Sqft
Acres 0.0672
Property Sub-Type Multi Family
Source onekey2
Property Description
This profitable commercial property features a double store on the ground floor, currently operating as a grocery and deli, with two newly renovated apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty and is located on a corner across from new developments, with more projects underway. A new charter school is just a block away in this vibrant area, close to buses, schools, and the train. The owner is motivated to sell, with current rents at $3800 for the deli/grocery, $2000 for the two-bedroom, and $2700 for the three-bedroom, all occupied by long-term tenants with rental increases. The basement and backyard offer potential for extra income. Priced to sell—don't miss out!
Location
State NY
County Nassau County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Multi Units, Separate Meters
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Cedar
Others
Special Listing Condition None
Listed by Keller Williams Realty Greater • Aziz S. Qaud
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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