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988 N King St

Hampton, VA 23669
  • $2,600,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • ID#: 10564926
Under Contract
UPDATED: 41 min ago
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
All Others Area 103
Type:
Multi-Family
Built:
1981
Area:
103 - Hampton Langley

School Information

Elementary School:
Barron Elementary
Middle School:
Benjamin Syms Middle
High School:
Kecoughtan
School Ratings & Info

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.

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Real Estate Information Network logo© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2025-01-26T10:35:50.74.
www.seasiderealtyva.com/homes/159155061
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988 N King St Hampton, VA 23669

  • Price: $2,600,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 41 min ago
  • ID#: 10564926
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1981
Built
Neighborhood:
All Others Area 103
Area:
103 - Hampton Langley
Elementary School:
Barron Elementary
Middle School:
Benjamin Syms Middle
High School:
Kecoughtan
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.
Exterior Features

Construction Frame Exterior Siding Brick Foundation Type Slab Garage YN No Parking Assigned/Reserved Roof Asphalt Shingle

Interior Features

Cooling Central Air Flooring Type CarpetCeramicLaminate/LVP Furnished YN No Heating Electric Water Heater Type Electric

Property Features

Apartment Type Townhouse Complex Name TNT Apartments Contingencies Feasibility Study/Due Diligence Contingency Exists Contingent Disclosure Disclosure StatementOwner Agent Ownership Type Simple Possession CLOSING Tax Amount Approx 19020 Utilities City SewerCity WaterElectricMeter Zoning RM

Real Estate Information Network logoListing provided courtesy of Turn Key Real Estate LLC: 757-347-8000
© 2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


Real Estate Information Network logo© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2025-01-26T10:35:50.74.
 
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