Buy with Yoreevo
$1,375,499
List Price: $1,399,999
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22 Virginia Avenue
House in Hempstead •  building info
8bd • 4ba • 4,000ft² $350 per ft²
Buy with Yoreevo

$1,375,499

List Price

$1,399,999

Key Details
Listed today
Last price change
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Estimated payment
$10,086/mo
Taxes
$2,532/mo
Maintenance
N/A
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

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,399,000
Asking Price: $1,399,999
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.0 %
Mortgage Amount
$1,259,999
Mortgage Payment
$7,554
Taxes
$2,532
Estimated Yoreevo rebate
$24,500
Estimated closing cost
$51,000
Total monthly cost $10,086
Buy your dream home with us and get an estimated $24,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Howard Hanna Coach

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