*MULTIPLE OFFERS, HIGHEST AND BEST DUE BY 10 A.M. 1/12/2025* Prime Investment Opportunity in Hampton, VA – 26-Unit Multifamily Complex. This well-maintained 26-unit multifamily property offers an attractive mix of 18 townhome units and 8 apartment units, perfectly designed for consistent rental income and future growth potential. Townhome Units: Each features 2 bedrooms and 1.5 bathrooms. Apartment Units: Each includes 2 bedrooms and 1 bathroom. This property boasts excellent rental history with strong occupancy rates, offering reliable income. For the savvy investor, there is plenty of room for value-add opportunities.
Under contract
$2,600,000
988 N King St, Hampton, VA 23669
4beds
3baths
--sqft
Est.:
Townhouse
Built in 1981
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 112 days
- on Zillow |
- 50 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 02:02am
Listed by:
Chris Lloyd,
Turn Key Real Estate LLC
Source: REIN Inc.,MLS#: 10564926

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Laminate/LVP
- Has basement: No
Property
Parking
- Parking features: Assigned
Features
- Stories: 2
Details
- Zoning: RM
- Special conditions: Owner Agent
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Frame, Brick
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Meter
Community & HOA
Community
- Subdivision: All Others Area 103
Location
- Region: Hampton
Financial & listing details
- Annual tax amount: $19,020
- Date on market: 1/3/2025
- Electric utility on property: Yes
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