20738 Monrovia Road, ORANGE, VA 22960 (MLS # VAOR2009522)

Price $940,000
Status Active
Beds 5
Baths 4 Baths
Home size 2,600 sqft
Lot Size 17.11 ac
Days on Market 1
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, well 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.
Property Type(s): Single Family
Last Updated 4/27/2025 Tract NONE AVAILABLE
Year Built 1960 County ORANGE

SCHOOLS

School District ORANGE COUNTY PUBLIC SCHOOLS
High School ORANGE CO.

Additional Details

AIR Ceiling Fan(s), Ductless, Electric
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Electric Water Heater, Refrigerator, Stainless Steel Appliance(s)
CONSTRUCTION Block
HEAT Electric, Other
INTERIOR Ceiling Fan(s), Open Floorplan, Recessed Lighting
LOT 17.11 acre(s)
LOT DESCRIPTION Back Yard, Few Trees, Front Yard, Level
PARKING Gravel, Driveway
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 2
STYLE Dwelling w/Separate Living Area
SUBDIVISION NONE AVAILABLE
TAXES 935
WATER Well

Location

 

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