22 Virginia Avenue

Hempstead, NY 11550
$1,250,000
8 beds | 4 baths | 0.09 acres | #3568033

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 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!

  • Interior Details
    • Heating & Cooling
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:8
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • Lot description:Level
    • Measurements
      • Acres:0.09
    • Parking
      • Parking features:On Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Community features:Park
    • Location
      • School district:Hempstead
      • Elementary School:Prospect Elementary School
      • Middle School:Alverta B Gray Schultz Middle Sch
      • High School:Hempstead High School
      • County:Nassau
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 250, 000
      • Taxes annual:$28, 791
  • Other
    • Source
      • MLS #:3568033

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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