Sold for $855,000

$855,000

521-523 Monroe Ave, Cape Charles, VA 23310

6beds

3,073sqft

Duplex, Multi Family, Single Family Residence

Built in 1920

-- sqft lot

$851,700 Zestimate^®

$278/sqft

$1,767 Estimated rent

Home value

$851,700

$784,000 - $928,000

$1,767/mo

Zestimate^® history

Owner options

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$1,767/mo

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$1,767/mo

Rent Zestimate^®

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$5,045/mo

Est. payment

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$5,045/mo

Est. payment

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What's special

Rare Turnkey Investment Opportunity in the Heart of Historic Cape Charles!!! Introducing this exceptional turnkey duplex, a true coastal gem offering endless possibilities for investors or homeowners seeking a multifunctional property. The property's prime location is within walking distance to the town's beautiful beaches, local shops, restaurants, and entertainment venues Cape Charles is known for. The entire home was renovated in 2020 and features 3 bedrooms and 2 bathrooms on each side, new HVAC systems, and off-street parking. All furniture, appliances, and decorations were thoughtfully selected and purchased in 2021 and will be conveying with the property. With four years of vacation rental history, this property offers an excellent return on investment. Listing goes live 4/10/24.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Dining room

Features: Dining Area

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Range, Microwave, Dishwasher, Refrigerator, Range Hood, Washer, Dryer, Electric Water Heater

Features

Other
Windows: Double Pane Windows
Attic: Storage

Interior area

Total structure area: 3,073
Total interior livable area: 3,073 sqft

Property

Parking

Parking features: No Garage, Stone Driveway
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Patio

Lot

Size: 5,400 Square Feet
Dimensions: 40 x 135
Features: <.5 acre +/-

Details

Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Beach House
Property subtype: Duplex, Multi Family, Single Family Residence
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Composition

Condition

100 yrs +/-
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Cape Charles Incorp.

Location

Region: Cape Charles

Financial & listing details

Price per square foot: $278/sqft
Date on market: 3/27/2024

Price history

Date	Event	Price
9/5/2024	Sold	$855,000-2.2%$278/sqft
Source: Eastern Shore AOR #60187 Report a problem
8/29/2024	Pending sale	$874,000$284/sqft
Source: Long & Foster Broker Feed #60187 Report a problem
7/25/2024	Contingent	$874,000$284/sqft
Source: Eastern Shore AOR #60187 Report a problem
6/3/2024	Price change	$874,000-2.8%$284/sqft
Source: Long & Foster Broker Feed #60187 Report a problem
4/9/2024	Listed for sale	$899,000-2.3%$293/sqft
Source: Eastern Shore AOR #60187 Report a problem
12/6/2023	Listing removed	$920,000$299/sqft
Source: Eastern Shore AOR #58099 Report a problem
9/22/2023	Price change	$920,000-3.2%$299/sqft
Source: Eastern Shore AOR #58099 Report a problem
8/4/2023	Listed for sale	$950,000+67.9%$309/sqft
Source: Eastern Shore AOR #58099 Report a problem
11/24/2020	Listing removed	$565,900$184/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem
10/16/2020	Pending sale	$565,900$184/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem
9/9/2020	Price change	$565,900-5.5%$184/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem
7/23/2020	Price change	$599,000-6.3%$195/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem
7/2/2020	Price change	$639,000-15.8%$208/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem
5/6/2020	Listed for sale	$759,000$247/sqft
Source: COLDWELL BANKER HARBOUR REALTY #51597 Report a problem