Multi Family

duplex for sale

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Listed: 02/13/23

203 Fairgrounds Road, Farmville, VA 23901, USA

4 Bed:

2 Bath:

1,344 Sq Ft Living Area:

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Price

$ 140,000

About This Duplex

Have you been looking to "house-hack" or expand your investment portfolio? This duplex is a great investment, located just outside the Town of Farmville limits (less expenses!!). First floor unit has 2-beds & 1-bath and is heated/cooled by mini-split units. The upstairs unit is a 1-bedroom efficiency apartment heated/cooled by a Packaged Terminal unit. New paint in both units. New well pump. Served by a well/septic system. The downstairs unit A is currently rented for $750/mo and the upstairs unit B is vacant (previously rented for $550/mo). Did we mention the low taxes? Close to downtown Farmville & Route 460 - start your investment portfolio today!

Property Includes

Parking
Roof Metal

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Farmville Housing & Living

Household Income

Median household income: $36,703

Number of households: 2,372

The average household income in Farmville, VA grew from $35,084 to $36,703 in the past year. This data is an estimate based upon 2,372 households in Farmville, VA.
The chart below presents how household income is distributed in Farmville, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Farmville, VA compared to median property taxes around the country. The prevalent amount of property taxes in Farmville, VA equals $800-$1,500 , which is more than the national average.