BEDS8
BATHS4 full
MLS#975906
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHempstead
Property Description
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: $106,200Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564)Insurance: $3,600Water: $900
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Natural Gas
Home Style: Other
Lot Size: 0.09 Acres
Taxes: $30,388
Year Built: 1950
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Feature Descriptions
Building Area Total: 4320
Days on Site: 6
Exterior: Brick
Heating Units: 4
Lot Dimensions: 40x100
Lot Features: Level
On Market Date: 2026-03-25
Parcel Number: 2013-36-055-00-0089-0
Parking Features: On Street
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Hempstead High School
Middle School: Alverta B Gray Schultz Middle Sch
Elementary School: Joseph McNeil School
School District: Hempstead
Listed By / Shown By
Listing By
Agency Name: Howard Hanna Coach
Agency Contact: 516-352-7333
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 6,056.46 per month $3,115.79 Principal & Interest $2,532.33 Property Tax $408.33 Homeowner's InsuranceChange Payment Information
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22 Virginia Avenue | MLS# 975906
This multi-family property located at 22 Virginia Avenue , Hempstead, NY 11550 is currently listed for sale with an asking price of $1,399,999. Virginia Avenue is located within the Hempstead school district. Search Hempstead real estate on www.coldwellbankerchoice.com today.