Lacy Williams
REALTOR®, CSP, MRP, CLHMS, Associate Broker
BEDS5
BATHS4 full
SQUARE FEET2,600
MLS#VAOR2009522
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
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, 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.
Property Features
Property Type: Residential - Single Family
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Home Style: Dwelling w/Separate Living Area
Lot Size: 3.54 Acres
Stories: 2.0
Taxes: $935
Year Built: 1960
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Refrigerator, Stainless Steel Appliances, Stove
Days on Site: 338
Exterior: Block
Flooring: Partially Carpeted
Interior: Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting
Location: Rural
Lot: Front Yard, Level, Partly Wooded, Rear Yard, Road Frontage, Rural, SideYard(s)
Lot Dimensions: 3.54 Acre(S)
Parking Features: Gravel Driveway
Sewer: On Site Septic
SQFT Above Finished: 2600
SQFT Total Finished: 2600
Structure Type: Other
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
Agent Name: Lacy Williams
Agent Phone: (804) 864-0316
Agency Title: Joyner Fine Properties
Estimate Your Payment
Estimated Payment
$ 3,420.55 per month $3,160.34 Principal & Interest $77.92 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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20738 Monrovia Road | MLS# VAOR2009522
This single family home located at 20738 Monrovia Road, Orange, VA 22960 is currently listed for sale with an asking price of $625,000. This property was built in 1960 and has 5 bedrooms and 4 full baths with 2600 sq. ft. Monrovia Road is located within the ORANGE COUNTY PUBLIC SCHOOLS school district. Search Orange real estate on www.lacywilliams.com today.