BEDS0
BATHS
SQUARE FEET2,600
MLS#VAOR2009508
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLORANGE COUNTY PUBLIC SCHOOLS
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, 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. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Home Style: Dwelling w/Separate Living Area
Lot Size: 3.54 Acres
Taxes: $935
Year Built: 1960
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Refrigerator, Stainless Steel Appliances, Stove
Days on Site: 354
Exterior: Block
Flooring: Partially Carpeted
Lot: Front Yard, Level, Partly Wooded, Rear Yard, Road Frontage, Rural, SideYard(s)
Lot Dimensions: 3.54 Acre(S)
Parking Notes: Gravel Driveway
Sewer: On Site Septic
Structure Type: Other
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 2
Water: Well
Wooded: Yes
Local Schools
High School: ORANGE CO.
School District: ORANGE COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Long & Foster Real Estate, Inc.
Agency Phone: 5408959000
Shown By
Agency Title: River Bay Realty
Agency Phone: 804-513-9179
Estimate Your Payment
Estimated Payment
$ 1,651.19 per month $1,390.98 Principal & Interest $77.92 Property Tax $182.29 Homeowner's Insurance
20738 Monrovia Road | MLS# VAOR2009508
This multi-family property located at 20738 Monrovia Road, Orange, VA 22960 is currently listed for sale with an asking price of $625,000. Monrovia Road is located within the ORANGE COUNTY PUBLIC SCHOOLS school district. Search Orange real estate on www.riverbayrealty.com today.