521 Monroe Ave,Cape Charles, VA 23310
Cape Charles, VA 23310
Description
Rare turnkey duplex investment opportunity in the heart of historic Cape Charles. Fully renovated in 2020, this coastal property features two identical units, each offering 3 bedrooms, 2 full baths, spacious living areas, full kitchens with stainless appliances, dining areas, hardwood flooring, wall-to-wall carpet, attic storage, and in-unit washers & dryers. Both units include central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and off-street parking with a stone driveway. All furniture, appliances, and decor purchased in 2021 convey, making this a true move-in ready or short-term rental opportunity. Property has 4 years of established vacation rental history with strong income potential. Located just minutes from public beach access, local shops, restaurants, and entertainment in one of Virginia's most popular coastal towns. 1 unit is occupied with a year lease ending in 2027 and the other unit has several short term rentals
Details
| MLS # | 10653643 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 22 |
| Listing Provided By | Iron Valley Real Estate HR | Steve Marable |
Features
| SQ Feet | 3,072 |
|---|---|
| Water Front | Not Waterfront |
Interior
| Water Heater Type | Electric |
|---|
Exterior
| Exterior Siding | Vinyl |
|---|---|
| Fence Description | None |
| Roof | Composite |
Utilities
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
Taxes
| Property | 5925 |
|---|
Area Information
| State | VA |
|---|---|
| County | Northampton County VA |
| City | Cape Charles |
| Zip Code | 23310 |
| Area | 53 Northampton |
| Community Name | CAPE CHARLES |
| School District | Northampton |
| Elementary School | Kiptopeke Elementary |
| High School | Northampton |
| Listing VS Median (in CAPE CHARLES) | |
Price: $899,000 low | high Med: $774,900 sqft: 3,072 low | high Med: 1,822 $ / sqft: $293 low | high Med: $425 On site: 22 low | high Med: 22 | |
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Learn More About This Property
| State | VA |
|---|---|
| County | Northampton County VA |
| City | Cape Charles |
| Zip Code | 23310 |
| Area | 53 Northampton |
| Community Name | CAPE CHARLES |
| School District | Northampton |
| Elementary School | Kiptopeke Elementary |
| High School | Northampton |
| Listing VS Median (in CAPE CHARLES) | |
Price: $899,000 low | high Med: $774,900 sqft: 3,072 low | high Med: 1,822 $ / sqft: $293 low | high Med: $425 On site: 22 low | high Med: 22 | |
