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$799,000 Coming Soon
Property Description
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 5 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.
Full Property Details
Full Property Details for 29 Elm Ave
General
- Price: $799,000
- Taxes: $9,200
- Status: Coming Soon
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1007868
- Updated: 6/5/2026
- Expected Market Date: 6/17/2026
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Awning(s)
Parking
- Parking Features: Driveway, Oversized
Location
- County: Nassau County
School Information
- High School District: Hempstead
- Elementary School: Joseph McNeil School
- Middle School: Alverta B Gray Schultz Middle Sch
- High School: Hempstead High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Natural Gas
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Building Size: 1768
- Square Feet: 1,768
- Year Built: 1908
Lot Features
- Lot Size (Acres): 0.2296
- Lot Size (Sq. Ft.): 10,000
- Lot Dimensions: 50 x 200
- Lot Features: Back Yard, Cleared
Financial Considerations
- Tax Amount: $9,200
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- Property ID: 2013-34-377-00-0132-0
Listed by Signature Premier Properties
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Schools
Schools serving 29 Elm Ave
School District:Hempstead Union Free School District
| Name | Grades | Distance |
|---|---|---|
Joseph McNeil School 335 South Franklin Street, Hempstead, NY 11550 | 1-6 | 0.3 mi |
Prospect Elementary School, Hempstead, NY 265 Peninsula Boulevard, Hempstead, NY 11550 | PK-K | 0.4 mi |
Alverta B Gray Schultz Middle School 70 Greenwich Street, Hempstead, NY 11550 | 6-8 | 0.4 mi |
Hempstead High School 201 President Street, Hempstead, NY 11550 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 Elm Ave
Date
Details
Price
Change
Source
6/04/2026
Listed
$799,000
113.07%
MLS
12/16/2019
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 29 Elm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,273
872%
$392
16%
2024
$851
-90%
$337
6%
2023
$8,390
-6%
$317
—
2022
$8,900
-6%
$317
3%
2021
$9,454
-2%
$307
-46%
2020
$9,632
—
$571
—
2019
$9,632
4%
$571
—
2018
$9,259
9%
$571
—
2016
$8,459
6%
$571
—
2016
$7,998
10%
$571
—
2014
$7,253
—
$571
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 29 Elm Ave
29 Elm Avenue, Hempstead, NY 11550 (MLS# 1007868) is a Multi-Family property with 2 units containing 5 bedrooms and 5 full bathrooms. 29 Elm Avenue is currently listed for $799,000 and was received on June 17, 2026. Want to learn more about 29 Elm Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hempstead? You can browse all Hempstead real estate or contact a Coldwell Banker agent to request more information.