20738 MONROVIA RD new to site Save Request In-Person Tour Request Virtual Tour
Orange,VA 22960
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $361
MLS Listing ID VAOR2009508
Style Dwelling w/Separate Living Area
Abv Grd Liv Area 2,600
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $935
Tax Year 2022
Lot Size 17.110 Acres
Acres 17.11
Property Sub-Type Duplex
Property Description
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, well 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. Plus, the property has 17 acres, which can be subdivided. You can build more rental properties or sell the extra land for immediate revenue.
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.
Location
State VA
County Orange
Zoning A
Interior
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split
Flooring Partially Carpeted
Equipment Dishwasher,Refrigerator,Stainless Steel Appliances,Stove
Fireplace N
Appliance Dishwasher,Refrigerator,Stainless Steel Appliances,Stove
Heat Source Electric
Exterior
Water Access N
Street Surface Tar and Chip
Accessibility None
Road Frontage Public
Garage N
Building
Lot Description Front Yard,Level,Partly Wooded,Rear Yard,Road Frontage,Rural,SideYard(s),Subdivision Possible
Sewer On Site Septic
Water Well
Architectural Style Dwelling w/Separate Living Area
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
High Schools Orange Co.
School District Orange County Public Schools
Others
Tax ID 0720000000003A
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,Farm Credit Service,VA,FHA
Listing Terms Cash,Conventional,Farm Credit Service,VA,FHA
Financing Cash,Conventional,Farm Credit Service,VA,FHA
Special Listing Condition Standard