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228 Wildwood Acres
Madison Heights, VA 24572

Residential Multi Family (Multi Family)

14.32 Acres
0 Sqft Living Area

12 Bedrooms

8 Bathrooms (6 Full, 2 Half)

Year Built: 1903

$900,000

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Property Description

Investment Opportunity in Amherst County: A Prime Development & Rental Property.Discover a rare investment opportunity in Amherst County, where significant development is underway. This expansive property spans over 14 acres and includes a charming 1900s farmhouse, two duplexes, and one triplex. Currently, there are eight rented units, including the farmhouse, providing immediate income potential.Over 14 acres of land with a 1900s farmhouse, two duplexes, and one triplex.The property boasts eight rented units, offering a steady revenue stream.Located in a rapidly developing area, this property is poised for future growth and value appreciation.Situated just minutes from local amenities such as grocery stores, shops, and restaurants, this property offers convenience and accessibility. The proximity to the 460 bypass and Route 29 ensures a quick and easy commute to Lynchburg, making it an attractive location for tenants and potential buyers.Pond on property

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Contact Details

Name: Christina Holmes

Email: christinaholmes@kw.com

MLS Listing Id: 353802

Agent Phone: (434) 534-9113

List Agent License: 0225218615

Office Name: Keller Williams

Office Phone: (434) 534-9113

Office MLS Id: 321

Listing Status: Active

Listing URL: https://listings.listhub.net/pages/LVAMLS/353802/?channel=openhousinc

Copyright © 2024 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.