Edgehill, Yorktown, VA Real Estate Search

Edgehill, Yorktown, VA Multi-Family Properties for Sale

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Newest Edgehill, Yorktown, VA Multi-Family Homes for Sale

2001 Azalea Avenue, Central Portsmouth
$650,000
10659101 MLS
RARE NEW-CONSTRUCTION INVESTMENT OPPORTUNITY! Two spacious, attached, three-story townhomes on Azalea Avenue offered together as ONE purchase—not available individually. Ideal for investors seeking two rental properties in one acquisition or an owner-occupant who wants to live in one home and rent the other to help offset ownership expenses. Each residence offers approximately 2,500 square feet of thoughtfully designed living space, for approximately 5,000 square feet combined. Highlights include 9-foot ceilings, two primary suites per residence, granite countertops, upgraded lighting, ceiling fans, a private garage, and driveway parking. A second-story deck adds desirable outdoor living space—perfect for unwinding, entertaining, or enjoying fresh air without leaving home. The three-level floor plans offer flexibility for a range of living arrangements, with ample space for residents, guests, or work-from-home needs. Separate homes side by side provide the convenience of nearby ownership while preserving the independence of each residence. Looking for an owner-occupied investment opportunity? Make one townhome your personal residence and explore renting the neighboring home for supplemental income. Prefer a fully investment-focused purchase? Rent both townhomes and build a two-property portfolio with new construction. Either approach offers options for long-term ownership and potential income generation. A compelling opportunity for buyers who value spacious floor plans, modern finishes, garage parking, driveway parking, outdoor living space, and the versatility of two residences sold together. Purchase both, choose your strategy, and make the most of this distinctive new-construction offering!

2001 Azalea Avenue, Central Portsmouth

1622 Prentis Avenue Avenue, Central Portsmouth
$250,000
10656915 MLS
Discover an investment opportunity at 1622 Prentis Avenue in Portsmouth! This side-by-side duplex features two spacious units, offering flexibility and potential for investors looking to expand their rental portfolio. Unit A offers 3 bedrooms, 2 bathrooms, and approximately 1,100 square feet of living space. Currently vacant and in need of turnover and updates, this unit presents an opportunity to make improvements before securing a new tenant. Unit B features 3 bedrooms, 1 bathroom, and approximately 1,000 square feet of living space. Previous rental rates were $1,500 per month for Unit A in 2023 and $1,150 per month for Unit B in 2021. Street parking is available, with the owner responsible for water and tenants responsible for electricity. A great opportunity for investors seeking a property with value-add potential! Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 1622 Prentis Avenue (MLS# 10656915), is offered individually at $250,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

1622 Prentis Avenue Avenue, Central Portsmouth

1725 Prentis Avenue Avenue, Central Portsmouth
$260,000
10656902 MLS
Discover an excellent investment opportunity at 1725/1727 Prentis Avenue in Portsmouth! This charming over-under duplex features two spacious units, each offering 3 bedrooms and 2 bathrooms. The upstairs unit, 1725 Prentis Avenue, offers approximately 1,640 square feet of living space. Both units feature beautiful front porches, tall ceilings, updated flooring, and updated bathrooms, adding to the property's appeal. Additional conveniences include laundry hookups and street parking. The owner is responsible for water, while tenants pay for electricity. With a reported monthly rental rate of $1,350 for the upstairs unit and $1,400 for the downstairs unit, this duplex offers an attractive opportunity for investors seeking rental income in Portsmouth. Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 1725/1727 Prentis Avenue (MLS# 10656902), is offered individually at $260,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

1725 Prentis Avenue Avenue, Central Portsmouth

406 South Armistead Avenue, Hampton West
$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 West

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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.

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