Welcome to 29 Elm Avenue, Hempstead, a legal two-family Colonial offering excellent income-producing potential and exceptional flexibility. This turnkey property has been thoughtfully updated and is ready for immediate occupancy or investment. This is a 4 bedroom, 5 bath Colonial. Recent improvements include brand-new siding, a high-efficiency Navien gas heating system, refinished hardwood floors, and upgraded 200-amp electrical service. The home features two separate front entrances, as well as separate gas and electric meters, providing added convenience for ownership and property management. Situated on a spacious lot, the property offers an extended private driveway with ample off-street parking. The expansive backyard provides additional outdoor space and includes a detached shed with electric service, offering a variety of potential uses such as a workspace, studio, hobby area, or storage. Conveniently located near shopping, dining, transportation, parks, schools, and major roadways, this well-maintained property presents a rare opportunity to own a move-in-ready legal two-family home with strong rental income potential. A true turnkey property with major capital improvements already completed.
Listed by Jonathan Riechert
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Signature Premier Properties
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631-673-3700
Listed by Laurie A. Riechert
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Signature Premier Properties
Last updated June 12, 2026
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Source: OneKey #1007868
Listing Facts
TypeMulti-family
NeighborhoodHempstead
Bedrooms4
Bathrooms5
Taxes$15,200/year
Amenities
Parking
Location
Mortgage Calculator
Property Details for 29 Elm Avenue
Exterior
Construction
Number Of Units Total: 2
Property Condition: Updated/Remodeled
Year Built: 1908
Architectural Style: Colonial
Construction Materials: Vinyl Siding
Exterior Features: Awning(s)
Measurements
Building Area Total: 1,768
Building Area Units: Square Feet
Lot Features: Back Yard, Cleared
Lot Size Acres: 0.22
Lot Size Dimensions: 50,200
Lot Size Square Feet: 10,000
Financial
Taxes
Parcel Number: 2013-34-377-00-0132-0
Tax Annual Amount: $15,200.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s)
Rooms
Basement: Finished, Full, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 4
Parking
Parking
Parking Features: Driveway, Oversized
Schools
Elementary School
Elementary School: Joseph Mc Neil School
Elementary School District: Hempstead
High School
High School: Hempstead High School
High School District: Hempstead
Middle or Junior School
Middle Or Junior School: Alverta B Gray Schultz Middle Sch
Middle Or Junior School District: Hempstead
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 4 bedrooms and 5 bathrooms in this multi-family home at 29 Elm Avenue.
What schools are nearby to 29 Elm Avenue?
Nearby schools include the Joseph Mc Neil School Elementary School, Alverta B Gray Schultz Middle Sch, and Hempstead High School.
What are the annual taxes for 29 Elm Avenue?
Annual taxes for this multi-family home are estimated at $15,200.
How does 29 Elm Avenue compare to other multi-family homes in Hempstead?
This multi-family home is listed 8% above the average price for multi-family homes in Hempstead and has been on the market for 108 less days than the typical home in this area.
29 Elm Avenue is a 4-bedroom, 5-bath multi-family home for sale in Hempstead NY 11550. This home is located in Hempstead. The median listing price for multi-family homes in this area is $650,000. Nearby schools include Joseph Mc Neil School Elementary School, Alverta B Gray Schultz Middle Sch, and Hempstead High School. The home offers parking. View other multi-family home listings in New York.
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