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$899,999 - Br/0Ba - for Sale in Orange
Price: $899,999
Baths: 0
Status: Active
Property Type: Duplex
Lot Size Acres: 17.11
Lot Size SqFt: 745,311
Year Built: 1960
Days on Website: 11

Courtesy of Long & Foster Real Estate, Inc.

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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. 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.

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Property Details and Features

  • Appliances & Equipment
  • Dishwasher
  • Refrigerator
  • Building
  • Construction materials: Block
  • Living area: 2,600
  • Built in 1960
  • Floors
  • Carpet
  • Heating
  • Electric
  • Listing
  • 17 days on market
  • ListingID: VAOR2009508
  • Standard status: Active
  • Lot
  • Wooded
  • 17.11 acres
  • Possession
  • CloseOfEscrow
  • Schools
  • High school: Orange
  • Taxes
  • Tax annual amount: $935
  • Tax year: 2022

Property Map

$899,999 – 20738 Monrovia Rd, Orange, VA 22960

Street View

Nearby Schools

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