Hampton West Homes with Phoebus High school

Hampton West Homes with Phoebus High school

Welcome to Hampton West, a vibrant and charming neighborhood nestled in the heart of Hampton, Virginia. Known for its rich history and welcoming community, Hampton West offers an ideal blend of suburban tranquility and urban convenience. Residents enjoy easy access to local amenities, parks, and the picturesque waterfront, making it an attractive destination for families, young professionals, and retirees alike.

One of the standout features of Hampton West is its proximity to Phoebus High School, a well-regarded institution that prides itself on academic excellence and a strong sense of community. Families with children will appreciate the quality education and extracurricular opportunities available at Phoebus, fostering a well-rounded experience for students. The school’s commitment to nurturing young minds makes Hampton West an ideal place to raise a family.

The real estate market in Hampton West is diverse, offering a range of homes to suit various lifestyles and budgets. From charming single-family homes with spacious yards to modern townhouses with contemporary finishes, there’s something for everyone in this delightful neighborhood. Many homes feature traditional architectural styles, adding to the area’s appeal and character.

In addition to its residential offerings, Hampton West boasts a strong sense of community, with local events and gatherings that bring neighbors together. Whether you're enjoying a stroll along the waterfront, exploring nearby parks, or participating in community events, there’s always something happening in Hampton West.

Discover the charm of Hampton West today, where quality living meets a vibrant community spirit!

Newest Hampton West Homes with Phoebus High school

$725,000
10654943 MLS
**GREAT INVESTMENT OPPORTUNITY – 7-UNIT MULTIFAMILY PROPERTY!** Fully occupied income-producing property offering immediate cash flow with multiple opportunities for future upside. Recent improvements include **new mini-split systems, updated electrical, a new roof in 2021, and new flooring and windows in 5 of the 7 units**. Current rent roll includes several month-to-month tenancies, providing a future owner flexibility to evaluate lease terms and bring rents toward market levels as appropriate, while longer-term leases provide additional stability. Additional income/NOI potential may exist through implementation of tenant utility reimbursement or tenant-paid utility structures where legally permissible and subject to existing leases and utility configuration. Situated on approximately **0.5186 acres (22,591 SF)** with approximately **5,210 SF of building area**, the property also offers an intriguing additional development component: the front portion of the site is currently being evaluated for possible subdivision. No value for a potential subdivided parcel is included in the current financial projections, and any subdivision or development is subject to governmental approval and buyer due diligence. An excellent opportunity for investors seeking an income-producing multifamily asset, portfolio addition, or potential **1031 exchange replacement property**. **Current rent roll, survey, and preliminary pro forma are uploaded under Documents for review.**

406 South Armistead Avenue, Hampton

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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.