20738 MONROVIA RD, ORANGE, VA 22960

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$940,000

bedrooms

bathrooms

square feet

Acreage

17.11

Open Houses

year built

1960

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	ORANGE
Elementary School	-
Middle School	-
High School	ORANGE CO.

Driving directions

Open houses

None scheduled.

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MLS number: VAOR2009508

Listing agent: Anne Corbin

Listing broker: Long & Foster Real Estate (888) 536-0216

Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 29 2025 at 11:13 p.m. EDT

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