Sold

22 Virginia Ave, Hempstead, NY 11550

Beds
8
Baths
4
Sqft
4,320

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHoward Hanna Coach
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Overview

Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed 3 years ago, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past five years. Please note that the property is tenant-occupied, and access is limited to the basement only by appointment. Street parking is available. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!

Annual Rental Income: $106,200
Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564)
Insurance: $3,600
Water: $900

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
8
Number of bathrooms
4
Square feet
4,320
Lot size (acres)
0.09
Year built
1950

Interior features

Basement
Yes, Finished

Utilities

Heating
Natural Gas
Cooling
None
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Insurance
$300

Taxes

Tax Annual Amount (2026)
$30,388

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Onekey MLS MLS®#: 975906 Last checked:

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