Great Fix/Flip or Rental Property on a Great Block In Hempstead For Sale

  • $189,000.
  • 4 beds
  • 2 baths
  • 1765 sqft

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
Occupancy: Vacant
Will be delivered: Vacant 
Condition: Full rehab if Fix/Flip project or minor repairs, paint, carpets and bath updates as a rental.

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Additional Information:  

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.

To See Recent Comparable Sales – Click Here

Starting price: $189K

For additional information or to submit an offer email

jcordes@comaxprop.com

or

call me direct at 516-286-1477

Joe Cordes

Comax Properties LLC

 

Price:
$189,000.
Address:
89 Eizabeth Ave
Hempstead, NY 11550
Square Feet:
1765
Lot Size:
40' x 132'
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1924
Basement:
Full Fin, with 1/2 Bath, Sep Entrance & Sep Heat Zone
Const. Type:
Wood Frame

Call 516-286-1477 for more details

Property Location