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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Listing Snapshot
Price
$899,999
Days On Site
27 Days
Bedrooms
5
Inside Area (SqFt)
2,600 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
17.11 Acres
Year Built
1960
MLS® Number
VAOR2009522
Status
Active
Property Tax
$935
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
2 weeks ago
Price changed to $899,999
4 weeks ago
Listing first seen on site
General Features
Acres
17.11
Parking
GravelDriveway
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
2600
Stories
Two
Style
Dwelling w/Separate Living Area
Water Source
Well
Zoning
A
Interior Features
Appliances
CooktopElectric Water HeaterDishwasherRefrigeratorStainless Steel Appliance(s)
Cooling
Ceiling Fan(s)DuctlessElectric
Flooring
Carpet
Furnished
Unfurnished
Heating
ElectricOther
Interior
Ceiling Fan(s)Recessed LightingOpen Floorplan
Laundry Features
Upper LevelLower Level
Main Level Bedrooms
2
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Exterior Features
Construction Details
Block
Lot Features
Front YardLevelFew TreesBack Yard
Pool Features
None
Community Features
School District
ORANGE COUNTY PUBLIC SCHOOLS
Schools
School District
ORANGE COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
ORANGE CO.
Listing courtesy of Long & Foster Real Estate, Inc.
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