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20738 Monrovia Rd, 
Orange, VA 22960

$940,000


5

Beds


Bath


2,600

Sq Ft


Multi-Family

Active

Listed by

Anne M Corbin

Long & Foster Real Estate, Inc.

Last updated:

May 1, 2025, 01:26 PM

MLS#

VAOR2009508

Source:

BRIGHTMLS

About This Home

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, 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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1960

Price Summary

940,000

$361 per Sq. Ft.

MLS #:

VAOR2009508

Last Updated:

May 1, 2025, 01:26 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Dwelling w/Separate Living Area

Building Area:

2,600 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

745,311


Finances & Disclosures

Finances

Price:

$940,000

Price per Sq. Ft:

$361 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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