0 Fernwood Drive Madison Heights, VA 24572

$689,000
0 Fernwood Drive, Madison Heights, VA 24572
304427

Multi-Family Home for sale in Madison Heights, VA

for $689,000. This home was built in 9999 on a lot size of 1985900.00 SQFT.

Property Information

  • $689,000
  • Multi-Family
  • 0 Square Feet
  • Taxes are $3,445
  • Active
  • Lot size of 1985900.00 SQFT
  • Built in 9999
  • Madison Heights, VA
  • Amherst County
  • MLS/Web ID is 304427

Description

Developers take notice! 45.59 Acre Tract in Madison Heights is Zoned R-3, offering endless development potential. Right next door to a newly developed thriving residential community. Current owner proposed a 216 unit upscale townhome community The Crossings of Amherst- Phase 1 to include 57 townhomes. Developer Plans, Excavation Estimates & Appraisal available upon request. Water, Sewer, Phone & Electricity are all accessible. The acreage was cleared in 2008, & contains a creek. Only minutes to Walmart & Foodlion & convenient to downtown Lynchburg.

Neighborhood & Schools

School District: Amherst
Elementary School: Amelon Elem
Middle School: Monelison Midl
High School: Amherst High

 See complete school information

Listed By

Listing Agent: Tina Friar
Broker: KELLER WILLIAMS

0 Fernwood Drive, Madison Heights, VA, 24572 is a Multi-Family Home for sale at $689,000 with 0 sqft and a lot size of 1985900.00 SQFT. 0 Fernwood Drive has 0.0 baths and was built in 9999. The property's zip code is 24572 which is in Madison Heights, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Madison Heights $268,560 61 % below $184,000 73 % below
Multi-family listings in Madison Heights $439,450 36 % below $439,450 36 % below
Sold listings in Madison Heights $124,156 82 % below $114,900 83 % below

Get the facts about Madison Heights, VA!

Population 11,101
Population Growth (since 2000) -2 %
Median Income $40,866
Median Age 42.82
Households w/ Children 24 %

Residential Dwellings

  • Owned 3142
  • Vacant 277
  • Rented 1295

Similar Listings

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or Call us at 1-800-839-1363