00 Unknown Malverne, NY 11565
Estimated payment $5,540/month
Highlights
- Hot Property
- Open Floorplan
- Property is near public transit and bus stop
- Maurice W. Downing Primary K-2 School Rated A-
- Colonial Architecture
- Wood Flooring
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $8,038
Year Built
- Built in 1932 | Remodeled in 2025
Lot Details
- 6,700 Sq Ft Lot
- Fenced
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
- Asphalt Roof
- Masonry Siding
- Stucco
Interior Spaces
- 1,796 Sq Ft Home
- 2-Story Property
- Open Floorplan
- 1 Fireplace
Kitchen
- Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Patio
- Outbuilding
- Porch
Location
- Property is near public transit and bus stop
Utilities
- Heating System Uses Oil
- Radiant Heating System
- Water Heater
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2026 05/23/26 | For Sale | $900,000 | -- | $501 / Sq Ft |
Source: NY State MLS
MLS Number: 11780782
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Ask me questions while you tour the home.