$1,250,000 ($289.35 per sqft)

Est. Mortgage $6,239/mo *

Quick Pre-Approval

22 Virginia Avenue, Hempstead, NY, 11550

22 Virginia Avenue, Hempstead, NY, 11550

16 rooms

8 beds

4 Full baths

1950

Two Story

4,320 sqft

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 with contracts running through March and May 2025. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed just last year, 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 four years. Please note that the property is tenant-occupied, and access is limited to the basement only. Street parking is available, making it a functional and accessible space for renters. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!


Status:

Active

Type:

Multi-family

Units:

4

Heating:

Natural Gas, Hot Water

Cooling:

None

Basement:

Crawl Space, Full, Unfinished

Parking:

On Street

Acreage:

0.09

Est. Taxes:

$28,791

Construction

Brick

Lot Description:

Level

Elementary School:

Prospect Elementary School

Middle School:

Alverta B Gray Schultz Middle Sch

High School:

Hempstead High School

School District:

Hempstead

MLS #:

3568033


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Howard Hanna Coach 516-352-7333