Madison Heights VA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 14.32 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- 353802
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Investment Opportunity in Amherst County: A Prime Development & Rental Property.Discover a rare investment opportunity in Amherst County, where significant development is underway. This expansive property spans over 14 acres and includes a charming 1900s farmhouse, two duplexes, and one triplex. Currently, there are eight rented units, including the farmhouse, providing immediate income potential.Over 14 acres of land with a 1900s farmhouse, two duplexes, and one triplex.The property boasts eight rented units, offering a steady revenue stream.Located in a rapidly developing area, this property is poised for future growth and value appreciation.Situated just minutes from local amenities such as grocery stores, shops, and restaurants, this property offers convenience and accessibility. The proximity to the 460 bypass and Route 29 ensures a quick and easy commute to Lynchburg, making it an attractive location for tenants and potential buyers.Pond on property
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.21 Acres
- Year built:
- 1998
- Baths:
- MLS#:
- 352592
View additional info
Courtesy: Cornerstone Realty Group Inc
434-810-6732
ADDITIONAL INFORMATION
Attention Investors & LARGE Family units! Three spacious doublewides (totaling 10 bedrooms & 6 bathrooms) on just over three acres provides plenty of room for privacy without feeling isolated. Each doublewide has its own septic tank & water/electric. Come discover the beauty of the sunset while sitting next to your firepit! Enjoy the calm of living out of town, while still being close to the conveniences and adventures that Lynchburg, Madison Heights, and Amherst all have to offer! Seller is offering owner financing option. Call for more details today!
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange ("IDX") program of the Lynchburg Association of REALTORS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Lynchburg Association of Realtors. All rights reserved.
Madison Heights Real Estate
The median home value in Madison Heights, VA is $237,450. This is higher than the county median home value of $229,800. The national median home value is $338,100. The average price of homes sold in Madison Heights, VA is $237,450. Approximately 65.05% of Madison Heights homes are owned, compared to 28.03% rented, while 6.92% are vacant. Madison Heights 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 Madison Heights real estate agent to arrange a tour today!
Madison Heights, Virginia has a population of 10,790. Madison Heights is more family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Madison Heights, Virginia is $49,928. The median household income for the surrounding county is $60,876 compared to the national median of $69,021. The median age of people living in Madison Heights is 44.1 years.
Madison Heights Weather
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 42.4 inches per year, with 13.4 inches of snow per year.