Property Back to Results Property

702 N Beverly Ave, Covington, VA 24426

$95,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $95,000
Price Change: ▼ $10,000 1784925172
Days on Market: 120
Status: ACTIVE
MLS#: 929194
Lot Size (Acres): 1
Year Built: 1935

Refine Search

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.

Search All Properties

Additional Information

Area: 2600 - City of Covington
Subdivision: N/A
Neighborhood: 2600 - City of Covington
Taxes: $493
Heating: Forced Air
Cooling: None
Water: Public
Sewer: Public Sewer
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks: 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.