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
Listed by Lisa M. Reed CBR SRS ABR
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Howard Hanna Coach
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516-352-7333
Last updated April 22, 2026
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Source: OneKey #975906
Listing Facts
TypeMulti-family
NeighborhoodHempstead
Bedrooms8
Bathrooms4
Days on Prevu36
Taxes$30,388/year
Location
Mortgage Calculator
Listing History
03/25/2026
Listed by Howard Hanna Coach
$1,399,999
Property Details for 22 Virginia Avenue
Exterior
Construction
Number Of Units Total: 4
Property Condition: Actual
Year Built: 1950
Architectural Style: Other
Construction Materials: Brick
Measurements
Building Area Total: 4,320
Building Area Units: Square Feet
Lot Features: Level
Lot Size Acres: 0.09
Lot Size Dimensions: 40,100
Lot Size Square Feet: 4,000
Financial
Taxes
Parcel Number: 2013-36-055-00-0089-0
Tax Annual Amount: $30,388.00
Tax Assessed Value: $4,071.00
Tax Year: 2026
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Rooms
Basement: Full, Unfinished
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 8
Other
Location
Tax Block: 55
Tax Lot: 89
Parking
Parking
Parking Features: On Street
Schools
Elementary School
Elementary School: Joseph Mc Neil School
Elementary School District: Hempstead
High School
High School: Hempstead High School
High School District: Hempstead
Middle or Junior School
Middle Or Junior School: Alverta B Gray Schultz Middle Sch
Middle Or Junior School District: Hempstead
Utilities
Equipment
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 4 bathrooms in this multi-family home at 22 Virginia Avenue.
What schools are nearby to 22 Virginia Avenue?
Nearby schools include the Joseph Mc Neil School Elementary School, Alverta B Gray Schultz Middle Sch, and Hempstead High School.
What are the annual taxes for 22 Virginia Avenue?
Annual taxes for this multi-family home are estimated at $30,388.
How does 22 Virginia Avenue compare to other multi-family homes in Hempstead?
This multi-family home is listed 90% above the average price for multi-family homes in Hempstead and has been on the market for 70 less days than the typical home in this area.
22 Virginia Avenue is a 8-bedroom, 4-bath multi-family home for sale in Hempstead NY 11550. On Prevu for 36 days at $1,399,999. This home is located in Hempstead. The median listing price for multi-family homes in this area is $650,000. Nearby schools include Joseph Mc Neil School Elementary School, Alverta B Gray Schultz Middle Sch, and Hempstead High School. View other multi-family home listings in New York.
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