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1124 Fairgrounds Road
Farmville, VA 23901

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Property Details


List Price: $125,000
Beds: --
Baths: --
Status: Active
SqFt: 1012
Agency: Real Living Cornerstone

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Description/Comments


Lot Size: 2 acre(s)
Property Type: MultiFamily
Year Built: 1940
Notes: Investment opportunity just on the outskirts of downtown Farmville. Property is income producing and could be bringing in more money. Currently the expenses are low as the seller is the manager of the property. There are 8 units--2 stick built, 6 trailers. 3 of the trailers are not rented and 2 of those are used for parts for the other 2. Currently rental rolls are more than $2000 monthly. Rent rolls change but have been $1450-$2200 while listed. Multiple septics and wells, however, units do share. Septic has been cleaned annually. This property is close to the 460 bypass, route 15 for commute to Buckingham; Main Street for shopping and entertainment.


Listing Provided By: Real Living Cornerstone, original listing
Office Phone: (434) 390-4004
Agent Name: Navona Hart


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