00 UNKNOWN, MALVERNE, NY 11565

$899,888
Active for Sale
 
Listing ID 11780782
Property Type Multi-Unit (2-4)
County Nassau
Township Hempstead
Total Tax $8,038
Tax ID 282027-037.00E-0010-010.000
FEMA Flood Map fema.gov/portal
Year Built 1932
Virtual Tour
Buyer agents: Schedule all showings via ShowingTime. No ShowingTime account? Call Showingtime with the address or MLS#. Thank you......Newly Renovated Legal Two-Family Home in Malverne - Rare Assumable Mortgage Opportunity at 2.8%---- Discover this beautifully updated 1,796 sq. ft. legal two-family home in the desirable Village of Malverne... Thoughtfully renovated with modern comforts while preserving classic charm, this property offers an exceptional blend of income potential, flexible living options, and outstanding financing---- The home features 3 bedrooms and 2 full baths across both units, plus a full, unfinished basement for storage and a 1.5-car garage. Both units boast updated kitchens, freshly painted interiors, and gleaming refinished hardwood floors. A cozy fireplace adds warmth and character to the living space, making this home as inviting as it is practical. Income & Flexibility---- The upstairs unit is currently rented at $2,400/month* The second unit can be rented for approximately $2,900/month* The property can be delivered vacant at closing* Standout Highlights::: Recently painted exterior* Private backyard* Quiet mid-block location on a tree-lined street* Strong community feel with easy access to LIRR, shops, restaurants, and parks* Outstanding Financing Opportunity::: This is a rare chance to assume an existing $350,000 mortgage at just 2.8% - well below current market rates. Qualified buyers can take advantage of this low-interest loan and simply cover the difference between the loan balance and the purchase price--- Whether you're an investor looking for high rental income or a homeowner wanting to live in one unit while offsetting your mortgage with rental income from the other, this updated Malverne two-family home is a standout opportunity.... Schedule your private showing today and see everything this exceptional property has to offer!
Property Details
  • 3 Total Bedrooms
  • 2 Full Baths
  • 1796 SF (AG)
  • 1796 SF (Total)
  • 0.15 Acres
  • 6700 SF Lot
  • Built in 1932
  • Renovated 2025
  • 2 Stories
  • Available 5/23/2026
  • Colonial Style
  • Full Basement
  • Lower Level: Unfinished, Walk Out
  • Renovation: Newly Renovated Legal Two-Family Home in Malverne - Rare Assumable Mortgage Opportunity at 2.8%---- Discover this beautifully updated 1,796 sq. ft. legal two-family home in the desirable Village of Malverne...
Unit Information
Unit #1 – Rent Price: 2400, Bedrooms: 1, Full Baths: 1, Unit Count: 2
Interior Features
  • Open Kitchen
  • Granite Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Washer
  • Dryer
  • Stainless Steel
  • Appliance Hot Water Heater
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • 12 Rooms
  • 1 Fireplace
  • Radiant
  • 3 Heat/AC Zones
  • Oil Fuel
Exterior Features
  • Masonry - Stucco Construction
  • Masonry Siding
  • Asphalt Shingles Roof
  • Detached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Municipal Sewer
  • Patio
  • Fence
  • Open Porch
  • Room For Pool
  • Driveway
  • Outbuilding
  • Near Bus
  • Near Train
Taxes and Fees
  • $8,038 Total Tax
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