217 Woodrow Ave
Property Description
Investor opportunity in Farmville, with Longwood University adding to the strong appeal of this established rental property! This duplex has a long history of successful rental use dating back to 1990, with very few vacancies over the years, making it an exciting option for investors looking to add a proven income-producing property to their portfolio. The upstairs unit features three bedrooms and one full bath, with one of the bedrooms offering excellent potential for a home office. The downstairs unit features one bedroom and one full bath. Rents totaled $1,550 per month-$1,000 downstairs and a discounted employee rate of $550 upstairs-offering an established income stream with potential for increased rental income at market rates! The differing unit sizes create flexibility for a variety of rental needs and tenant lifestyles. Whether you're building your investment portfolio, expanding an existing one, or looking for the opportunity to live in one unit while renting the other, this duplex offers an appealing combination of versatility, rental history, and university-town appeal with plenty of potential for the future!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $114,900 |
| Year Built: | 1940 |
| Lot Size: | 1,530.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-SCMLSVA-60262
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