988 N King ST Under Contract

Hampton,VA 23669

$ 2600000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family, Condo

Listing Status Under Contract

Purchase Type For Sale

Subdivision All Others Area 103

MLS Listing ID 10564926

Year Built 1981

Annual Tax Amount $19,020

Property Description

*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.

Location

State VA

County Hampton

Area 103 - Hampton Langley

Zoning RM

Interior

Hot Water Electric

Heating Electric

Cooling Central Air

Flooring Carpet,Ceramic,Laminate/LVP

Exterior

Parking Features Assigned/Reserved

Utilities Available City Sewer,City Water,Electric,Meter

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Slab

Schools

Elementary Schools Barron Elementary

Middle Schools Benjamin Syms Middle

High Schools Kecoughtan

Others

Special Listing Condition Disclosure Statement,Owner Agent

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