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406 S Armistead Ave 7 Unit Apartment Building $750,000 ($107,143/Unit) Hampton, VA 23669
Executive Summary
7-Unit Apartment Building
±6,000 Sq Ft - 0.5 Acre Lot - 3-Story
Zoned C01 - Multiple Residential
One vacancy
1/4-acre potential development site by sub-dividing
Reserve not met; new auction date pending
±6,000 Sq Ft - 0.5 Acre Lot - 3-Story
Zoned C01 - Multiple Residential
One vacancy
1/4-acre potential development site by sub-dividing
Reserve not met; new auction date pending
Property Facts
| Price | $750,000 | Building Class | C |
| Price Per Unit | $107,143 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 4,360 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM | ||
| Price | $750,000 |
| Price Per Unit | $107,143 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 4,360 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | RM |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 1 | - | 1,000 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2001729 | Improvements Assessment | $434,600 |
| Land Assessment | $70,000 | Total Assessment | $504,600 |
Property Taxes
Parcel Number
2001729
Land Assessment
$70,000
Improvements Assessment
$434,600
Total Assessment
$504,600
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406 S Armistead Ave
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