$1,399,999

22 Virginia Avenue, Hempstead, NY 11550

  • 8 beds |
  • 4 baths |
  • 4,320 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $324/sqft
  • Property List Date Icon Listed 10 days ago

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

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 7:22PM
Listing Office:
Howard Hanna Coach : 516-352-7333
MLS ID:
975906
  • General: First Floor BedroomFirst Floor Full BathEat-in Kitchen
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Natural Gas
  • Style: Other
  • Parking: On Street
  • Originating MLS: onekey2
  • School District: Hempstead
  • County: Nassau County
  • Zoning: 2013-36-055-00-0089-0
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Howard Hanna Coach

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joseph Mcneil School

335 S Franklin St, Hempstead, NY, 11550

Grades 1-6

0.33 miles away

A

Alverta B Gray Schultz Middle School

70 Greenwich St, Hempstead, NY, 11550

Grades 6-8

0.82 miles away

H

Hempstead High School

201 President St, Hempstead, NY, 11550

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.