5920 Farmville Rd, Farmville, VA 23901

Local realty services provided by:CENTURY 21 Realty @ Home
5920 Farmville Rd,Farmville, VA 23901
$429,900
  • 25 Beds
  • 14 Baths
  • 1,850 sq. ft.
  • Multi-family
  • Active
Listed by: mike guess
Office: new leaf real estate
MLS#:59811
Source:VA_SCAR

Price summary

  • Price:$429,900
  • Price per sq. ft.:$232.38

About this home

Investor's dream with massive upside potential. This 15-unit portfolio includes a renovated 1930s main home, 14 single-wide mobile homes, and a 30x50 metal shop with 12' ceilings plus two 12x24 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.

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Home facts

  • Year built:1930
  • Listing ID #:59811
  • Added:4 day(s) ago
  • Updated:June 14, 2026 at 12:04 AM

Rooms and interior

  • Bedrooms:25
  • Total bathrooms:14
  • Full bathrooms:9
  • Half bathrooms:5
  • Living area:1,850 sq. ft.

Heating and cooling

  • Cooling:A/C Window Unit

Structure and exterior

  • Roof:Asphalt
  • Year built:1930
  • Building area:1,850 sq. ft.
  • Construction Materials:Aluminum Siding, Vinyl Siding

Utilities

  • Water:Well

Finances and disclosures

  • Price:$429,900
  • Price per sq. ft.:$232.38