20738 MONROVIA RD, Orange, VA 22960
20738 MONROVIA RD, Orange, VA 22960
20738 MONROVIA RD, Orange, VA 22960
20738 MONROVIA RD, Orange, VA 22960
20738 MONROVIA RD, Orange, VA 22960
20738 MONROVIA RD, Orange, VA 22960
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$ 625,000
Est. payment | /mo

5 Beds

4 Baths

2,600 SqFt


Save
$ 625,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,600 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $240

Lot Size 3.540 Acres

MLS Listing ID VAOR2009522

Financing Cash,Conventional,Farm Credit Service,VA,FHA

Style Dwelling w/Separate Living Area

Subdivision None Available

Bedrooms 5

Full Baths 4

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

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, NEW ROOF 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.

Location

State VA

County Orange

Zoning A

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Flooring Partially Carpeted

Equipment Dishwasher, Refrigerator, Stainless Steel Appliances, Stove

Furnishings No

Fireplace N

Appliance Dishwasher, Refrigerator, Stainless Steel Appliances, Stove

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Street Surface Tar and Chip

Accessibility None

Road Frontage Public

Parking Type Driveway

Building

Lot Description Front Yard, Level, Partly Wooded, Rear Yard, Road Frontage, Rural, SideYard(s)

New Construction N

Story 2

Sewer On Site Septic

Water Well

Architectural Style Dwelling w/Separate Living Area

Story 2

Additional Building Above Grade, Below Grade

Schools

High Schools Orange Co.

School District Orange County Public Schools

Others

Senior Community No

Tax Amount $935

Tax Year 2022

Tax ID 0720000000003A

Ownership Fee Simple

SqFt Source 2600

Acceptable Financing Cash, Conventional, Farm Credit Service, VA, FHA

Special Sale Standard

Bright MLS (BMLS)
Listed by Anne Corbin • Long & Foster Real Estate, Inc.

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20738 MONROVIA RD