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Sold on 05/29/2025
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988 N King St, Hampton, VA 23669

  • $2,300,000

    Last sold 05/29/2025 after 369 Days

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    bed

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    bath

Apartments 3+ not for sale
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About 988 N King St

Property type Apartments 3+
Neighborhood
Year built 1981
HOA fee $0/month
Rental estimate
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.
Listed by
Listing Agent - Chris Lloyd
Listing Office - Turn Key Real Estate LLC
Source: REIN mls logo
MLS#10564926 • last updated 1 year ago
Movoto checked REIN for data 10 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
Levels/Style 2
MLS # 10564926
Year Built Approx 1981
Status Sold
SubType Townhouse
Property Type Cross Prop Apartments 3+
Property Type Apartments 3+
Property Tax 19020
Interior
Exterior
Foundation Slab
Units Total Number 26
Construction Materials Frame
Exterior Siding Brick
Roof Asphalt Shingle
Parking Assigned/Reserved
Amenities / Utilities
Water Heater Type Electric
Location
Area 103 - Hampton Langley
County Hampton VA
High School Kecoughtan
Elementary School Barron Elementary
Middle School Benjamin Syms Middle
Zoning RM
Subdivision ALL OTHERS AREA 103
Rental est.: $1,209/month
Gross rent multiplier: 158.6
  • 988 N King St
    $2.3M
  • Downtown Hampton
    $292K +4% y/y
  • 23669
    $295K 0% y/y
  • Hampton
    $319K +6% y/y
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Statistics calculated by Movoto

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5/10
Barron Elementary School
public Grades PK, K-5
Hampton City Public Schools
5/10
Booker Elementary School
public Grades PK, K-5
Hampton City Public Schools
6/10
Benjamin Syms Middle School
public Grades 6-8
Hampton City Public Schools
6/10
Kecoughtan High School
public Grades 9-12
Hampton City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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