About 20738 Monrovia Rd
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.
Features of 20738 Monrovia Rd
| MLS® # | VAOR2009522 |
|---|---|
| Price | $899,999.00 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,600.00 |
| Acres | 17.11 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Farm |
| Style | Other |
| Status | Active |
| Zoning | A Residence Zone |
Community Information
| Address | 20738 Monrovia Rd |
|---|---|
| Subdivision | NONE |
| City | Orange |
| County | Orange |
| State | VA |
| Zip Code | 22960 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Carpet |
|---|---|
| Appliances | Dishwasher, Refrigerator |
| Heating | Electric |
| Cooling | Ductless |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Construction | Block |
|---|
School Information
| Middle | Other |
|---|---|
| High | Orange |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
Listing Details
| Office | Long & Foster Real Estate, Inc. |
|---|