22 Virginia Avenue, Hempstead, NY, 11550
8 beds
4 Full baths
1950
Other
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
Status:
Active
Type:
Single-family residential
Units:
4
Heating:
Natural Gas
Cooling:
None
Basement:
Full, Unfinished
Parking:
On Street
Acreage:
0.09
Est. Taxes:
$30,388
Assessment
$4,071
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Lot Description:
Level
Elementary School:
Joseph McNeil School
Middle School:
Alverta B Gray Schultz Middle Sch
High School:
Hempstead High School
School District:
Hempstead
Days on Market:
28
MLS #:
975906
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Howard Hanna Coach 516-352-7333