$10,000

closing credit¹

22 Virginia Ave Hempstead, NY 11550

$1,300,000
8 beds
4 full
4,320 sqft
$301 / sqft
Multi-Family

Property details

About 22 Virginia Ave

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. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!

Highlights

Home typeQuadruplex
HeatingNatural Gas, Hot Water
StatusActive
Size4,320 sqft
BasementYes
Year built1950
ParkingOn Street
MLS #L3568033

Summary

  • MLS Number: L3568033
  • MLS Name: ONEKEY2
  • Office Name: Howard Hanna Coach
  • Office Phone: (516) 352-7333

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/23/2025, 3:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house

$1,300,000

22 Virginia Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 16, 2006
Home Sold
$495,000

Tax history

YearAssessmentProperty Tax
2021$3,313$20,280
2020$3,313$25,235
2019$3,360$24,420
2018$3,360$24,904
2017$3,360$24,395

History based on county public records data.

Nearby schools

3

Joseph Mcneil School

Public District 1-6

0.3 mi

335 S Franklin St

3

David Paterson School

Public District 1-6

0.8 mi

40 Fulton Ave

7

William S. Covert Elementary School

Public District KG-5

0.9 mi

379 Willow St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,065. The majority of Hempstead, NY residents have income between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

37%
<35k
20%
35k-100k
39%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

42%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • BasketballBasketball
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Jasons DeliJasons Deli
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • AcuraAcura
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

This home is located at 22 Virginia Ave in Hempstead, NY and zip code 11550 in the Town of Hempstead neighborhood. This 4,320 square foot home was built in 1950. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,300,000.

In December 2024, from all listings sold in Hempstead, NY there were more than 9 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Hempstead, NY between November and December 2024 decreased by 3.4%. Listings spent 58 days on the market in December 2024, and had a median list price of $600,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources