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
Listing By
Agency Name: Howard Hanna Coach
Shown By
Agent Name: Adele Rosenberg
Agent Phone: (631) 499-1000
Estimated Payment
$ 8,953.07 per month $6,012.40 Principal & Interest $2,532.33 Property Tax $408.33 Homeowner's Insurance
22 Virginia Avenue | MLS# 975906
This multi-family property located at 22 Virginia Avenue , Hempstead, NY 11550 is currently listed for sale by Howard Hanna Coach, with an asking price of $1,399,999. Virginia Avenue is located within the Hempstead school district. Search Hempstead real estate on arosenberg.coachrealtors.com today.