23601 and 23668 neighborhood feedback.

[Robert Shelton]

I found 2 properties that I'm considering. One is a triplex in 23601 and the other is a duplex in 23669. Do any Hampton Roads investors have any neighborhood feedback they wouldn't mind sharing?

*edited to correct zipcode*

[Devon Shewmaker]

For 23061 it really depends exactly where the property is. If you stay to the West side of Jefferson you're in a HIGHLY coveted area known as Hilton Village. These are older Victorian/colonial homes with some old money. You can find great flips in this area from time to time, but rare. If you are on the East side of Jefferson you are basically the opposite of Hilton Village. It's kinda rough ghetto, but if you don't mind that there's always going to be tenants. For 23669 you once again have a split on the West side of 64 you have an up and coming neighborhood. Seems like builders are trying to push the ghetto out of the area which is working because they're building new construction and bringing in a lot of first time home buyers. On the east side you have a well established neighborhood called Fox Hill. Spots of ghetto but for the most part Fox Hill is fantastic and whenever you mention Fox Hill people are ready to sign. Just a really good area for first time home buyers.

One thing to note is that school districts in these areas are terrible. Like, the worst on the Peninsula. So it may be hard to find family tenants (unless you're in Hilton Village) but you will have a ton of single military members banging down your door.