CHARIS REALTY GROUP

Dwelling w/Separate Living Area

20738 MONROVIA ROAD

ORANGE , VA 22960

MLS#: VAOR2009522

$625,000

Status: Active
Listing number: VAOR2009522
Listing provided by: Long & Foster Real Estate, Inc.
Listing agent phone: None
Last update: 8 days ago
On site: 10 months ago
Browse Properties
NONE AVAILABLE - Residential

Property

Beds

5

Full Baths

4

1/2 Baths

None

Year Built

1960

Sq.Footage

2,600

This unique homestead is a perfect investment opportunity for an extended family or rental property investor. Two families can pool their funds and have two separate units for independent living. Owners have fully remodeled the multi-family home, which has a 2 bedroom unit on the main level plus a bonus room and a 3 bedroom unit plus a bonus room on the upper level. Living space is approximately 1,400 sf on upper level and 1,200 sf on lower level. Everything is brand new including stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, and 10 person septic. It has been freshly painted and is move in ready! With today's demand for rental properties, this building is a cash cow! Two rental units available and everything is brand new so there shouldn't be any immediate maintenance needs. Lower unit is currently rented for $1,600/month. Upper unit is currently rented for $1,900/month. $3,500 monthly income. This home is conveniently located near Lake Orange, Lake Anna and the Town of Orange. Seller has put a lot of sweat equity into the renovation and is ready to make a deal! Check this one out today.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Recessed Lighting, Open Floorplan

  • Total Bedrooms

    5

  • Bathrooms

    4

  • Above Grade Finished Area

    2600.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Ductless, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Other

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Gravel, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Front Yard, Level, Few Trees, Back Yard

  • Lot Size(acres)

    3.54

  • Property Type

    Residential

  • Architectural Style

    Dwelling w/Separate Living Area

Price

  • Sales Price

    $625,000

  • Tax Amount

    $935

  • Sq. Footage

    2, 600

  • Price/SqFt

    $240

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    ORANGE CO.

Property Features

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    3A

  • Water Source

    Well

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Location

County

ORANGE

Elementary School

Middle School

High School

ORANGE CO.

Listing Courtesy of Anne M Corbin , Long & Foster Real Estate, Inc.

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Agent Andrew Boateng

AGENT

Andrew Boateng

Call Andrew today to schedule a private showing.

(571) 342-1160

andyselldreamhomes@hotmail.com


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This unique homestead is a perfect investment opportunity for an extended family or rental property investor. Two families can pool their funds and have two separate units for independent living. Owners have fully remodeled the multi-family home, which has a 2 bedroom unit on the main level plus a bonus room and a 3 bedroom unit plus a bonus room on the upper level. Living space is approximately 1,400 sf on upper level and 1,200 sf on lower level. Everything is brand new including stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, and 10 person septic. It has been freshly painted and is move in ready! With today's demand for rental properties, this building is a cash cow! Two rental units available and everything is brand new so there shouldn't be any immediate maintenance needs. Lower unit is currently rented for $1,600/month. Upper unit is currently rented for $1,900/month. $3,500 monthly income. This home is conveniently located near Lake Orange, Lake Anna and the Town of Orange. Seller has put a lot of sweat equity into the renovation and is ready to make a deal! Check this one out today.

20738 MONROVIA ROAD

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