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!
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!
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.
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.