Great Fix and Flip project or Great Rental Opportunity
89 Elizabeth Ave, Hempstead, NY
Style : Old Style/Colonial
Rooms: 8 Rooms, 4 Beds, 2 Baths
Additional Rooms: Small Office + Mud Room/Porch + Unfinished attic with high ceiling
Garage: Detached 2 Car
Taxes: $8,100 ($6,900 with STAR) + Village Tax $5,412 Total $12,312 (w Star)
School District: Hempstead
Will be delivered: Vacant
Condition: Full rehab if Fix/Flip project or minor repairs, paint, carpets and bath updates as a rental.
Property has a long driveway with a big yard, with a two car garage and a large shed.
There is a newer gas burner (less than 15 years old) with (3) Zones of heat. Recently serviced
Roof was replaced within the last 5 years.
There is a wood burning fireplace in good condition.
How needs a significant rehab including a new kitchen and 2 new baths, some windows and some doors, interior finishes, paint, etc in order to get maximum value,
We are in contract to purchase this property with a closing scheduled for Friday, January 3rd, 2018
This property will be delivered vacant.
Similar Properties are renting between $3,200 – $3,500 (Rentometer.com)
ARV is a solid $385K, with upside potential to $400K.
Starting price: $189K
For additional information or to submit an offer email
call me direct at 516-286-1477
Comax Properties LLC