5920 Farmville Rd, Farmville, VA 23901
Local realty services provided by:CENTURY 21 Realty @ Home
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
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