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Listed by ALEXANDRA LEE TAYLOR MAC WESTLAND REAL ESTATE GROUP
$ 105,000
Est. payment /mo
New
702 N Beverly AVE Covington, VA 24426
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 929194
HOA Y/N No
Year Built 1935
Annual Tax Amount $493
Acres 1.0
Property Sub-Type MultiFamily
Source Roanoke Valley Association of REALTORS®
Property Description
Exceptional opportunity to own two homes on one tax parcel in Covington! This versatile setup is perfect for buyers looking for immediate rental income, house hacking, or maximum investment returns.
The front home offers 1,056 sq ft of comfortable living space with 2 bedrooms and 1 bathroom, while the rear home provides 816 sq ft with the same functional 2-bedroom, 1-bathroom layout. One home is currently rented, delivering steady income from day one, while the second home is ready for you to occupy or lease immediately. A newer roof adds peace of mind and reduces upcoming maintenance costs. Whether you choose to live in one home and let the rental income from the other help offset your housing costs, or rent out both units for strong cash flow, this property gives you excellent flexibility.
It's an ideal choice for owner-occupants who want built-in income or investors seeking a turnkey multi-unit opportunity with solid income potential.
The front home offers 1,056 sq ft of comfortable living space with 2 bedrooms and 1 bathroom, while the rear home provides 816 sq ft with the same functional 2-bedroom, 1-bathroom layout. One home is currently rented, delivering steady income from day one, while the second home is ready for you to occupy or lease immediately. A newer roof adds peace of mind and reduces upcoming maintenance costs. Whether you choose to live in one home and let the rental income from the other help offset your housing costs, or rent out both units for strong cash flow, this property gives you excellent flexibility.
It's an ideal choice for owner-occupants who want built-in income or investors seeking a turnkey multi-unit opportunity with solid income potential.
Location
State VA
County City Of Covington
Area 1.0
Direction 220 to E Willow St. Left on Beverly. Property on Left.
Interior
Heating Forced Air - Gas
Cooling None
Fireplace No
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Other - See Remarks
Middle Schools Other - See Remarks
High Schools Other - See Remarks
Others
Tax ID -8---294--10-
NEARBY SCHOOLS & PROPERTIES