ML# :804752 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.
220-228 S. Franklin Street, Hempstead, NY, 11550