Farmville VA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.37 Acres
Year built:
1920
Baths:
MLS#:
2429014

ADDITIONAL INFORMATION

Welcome to beautiful Farmville! HAVE YOU BEEN LOOKING FOR AN INCOME-PRODUCING PROPERTY to add to (or launch) your PORTFOLIO?! Look no further than this charming 1920s 2-story duplex, offering you TWO units to rent, each with 2 beds and 1 full bath, and just under 1,000 sq ft of living space! Both units come with a stack washer/dryer and share a common first-floor laundry area. This duplex was most recently rented for total $1300 monthly, but with your improvements, you can make even more! Property is currently not being leased: owner has one unit and the other is vacant. Immediate proximity to Longwood University makes this a perfect option for college students and staff who want to live within campus range. This duplex could also easily be converted back into a single family home, doubling the square footage to over 1,800 square feet of living space for a loving family to call home. This property has a TON of potential and character…it’s only missing your TLC to fully restore the home into its 1920s glory! Seller has completed many projects in their short span of ownership, giving you quite the head start. Now’s your time to snag up a deal and take this property to the next level. Envision the possibilities that await you here in beautiful Farmville, situated in rural Prince Edward county. Only 4 minutes and less than a mile from Longwood University, this could be what you’ve been waiting for!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Year built:
2005
Baths:
MLS#:
2427235

ADDITIONAL INFORMATION

Incredible investment opportunity to own a duplex within walking distance of downtown Farmville and Longwood University. First time buyer? Live on one side and rent the other to help pay your mortgage! Investor? This is a rare chance at a duplex in excellent overall condition, built in 2005, with premium location. Both units have a large family room with raised ceiling that is open to the kitchen. The laundry closet is off the kitchen. A short hallway takes you to a hall bathroom and two bedrooms. Each unit has a nice exterior deck and plenty of yard space. A detached shed offers additional storage. Plenty of off street private parking. The heat pump for UNIT B is brand new. Don't miss this opportunity, schedule your appointment today!

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©DATE_YEAR Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The properties marked with the CVRMLS icon are provided courtesy of the Central Virginia Regional Multiple Listing Service, LLC



Farmville Real Estate

The median home value in Farmville, VA is $315,000. This is higher than the county median home value of $187,000. The national median home value is $338,100. The average price of homes sold in Farmville, VA is $315,000. Approximately 27.97% of Farmville homes are owned, compared to 47.79% rented, while 24.24% are vacant. Farmville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmville real estate agent to arrange a tour today!

Farmville, Virginia has a population of 7,266. Farmville is less family-centric than the surrounding county with 16.71% of the households containing married families with children. The county average for households married with children is 22.78%.

The median household income in Farmville, Virginia is $35,690. The median household income for the surrounding county is $49,019 compared to the national median of $69,021. The median age of people living in Farmville is 23.5 years.

Farmville Weather

The average high temperature in July is 88.4 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 44.2 inches per year, with 11.9 inches of snow per year.

Farmville Real Estate Market Conditions

  • Median sales price

    $315,000
    16.2% change since last quarter
  • # Active listings

    69
    30-day change

Farmville Schools and Demographics

Education near Farmville, VA

Metric City County
High School Graduates 84.25 85.69
College Degree - 2 year 3.5 4.43
College Degree - 4 year 31.65 25
Graduate Degree 10.13 7.59
Expenditures per Student 12,346 12,346
Students per Teacher 13 13

Elementary Schools near Farmville, VA

School Grades Students P/T Ratio ZIP
Buckingham County Elementary 03 - 05 454 17.3 23936
Buckingham County Primary KG - 02 530 18.4 23936
Burkeville Elementary School PK - KG 156 20.1 23922
Cumberland Elementary School PK - 04 601 15.4 23040
Prince Edward Elementary School PK - 04 895 13.8 23901

Middle Schools near Farmville, VA

School Grades Students P/T Ratio ZIP
Central Middle School 06 - 08 392 12.5 23923
Cumberland Middle School 05 - 08 418 14.9 23040
Early Learning Center PK - PK 85 16.6 23923
Prince Edward Middle School 05 - 08 642 11.9 23901

High Schools near Farmville, VA

School Grades Students P/T Ratio ZIP
Cumberland High School 09 - 12 412 12.5 23040
Prince Edward County High School 09 - 12 652 12.7 23901
Randolph-Henry High 09 - 12 620 13.5 23923

Ungraded Schools near Farmville, VA

School Grades Students P/T Ratio ZIP
Prince Edward County VOC. Tech. UG - UG 0 23901
SUPT's Region 8 GOV's Health/Science Academy UG - UG 0 23040

Demographics near Farmville, VA

Metric City County
Neighborhood Type Small Town
Population 7,266 21,887
Population Density 946 63
Median Age 23.5 32.3
People per Household 1.9 2.3
Median Household Income 35,690 49,019
Average Income per Capita 17,775 21,455