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13 Beds
8 Baths

$429,900

5920 Farmville Rd, Farmville VA, 23901

Price per sqftN/A
Built in1930
Property typeMulti-family

Overview

Active

Listed Jun 13, 2026

Updated Jun 14

Investor's dream with massive upside potential. This 15-unit portfolio includes a renovated 1930s main home, 14 single-wide mobile homes, and a 3050 metal shop with 12' ceilings plus two 1224 attached sheds with office potential all on one parcel. Units range from 2/1 to 2/1.5 and are in various stages of condition, offering immediate renovation upside. Previously rented at $700/mo per mobile home and $1,500/mo for the main house. The shop and office space provide additional income potential. A high-flow artesian well serves all 15 units with metered billing at $25/mo for the first 1,500 gallons. Grandfathered septic system serves the full property. One unit sustained fire damage and will require removal/replacement. Additional capital investment required but stabilized rents at a 9-cap yield an ARV exceeding $1,100,000. Opportunities like this are rare. Schedule your showing today.

$2,860/mo

Est. mortgage payment based on a $429,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
367258
Available since
January 1, 1800

Interior Features

Bedrooms
13
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.82 Acres

Other Property Details

Taxes
$1,526
Tax Frequency
Annually
55+/Senior Community
No

Broker Reciprocity Courtesy of Karl Miller Realty LLC

 

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: by the VA - Lynchburg Association of REALTORS® (LAR).

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