521-523 Monroe Ave, Cape Charles, VA 23310
FOR SALE

521-523 Monroe Ave
Cape Charles, VA 23310

  • 6 Beds
  • 4 Baths
  • 3,073 sqft
  • 6 Beds
  • 4 Baths
  • 3,073 sqft

$899,000

Est. Mortgage $5,295/mo*
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We estimate this home will sell faster than 92% nearby.

Local Information

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Description

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.

Home Highlights

Parking
Open Parking
Outdoor
Patio
A/C
Heating & Cooling
HOA
No HOA Fee
Price/Sqft
$293
Listed
32 days ago

Home Details for 521-523 Monroe Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Dining Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3073 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood, Washer, Dryer, Electric Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Windows, Doors, Floors & Walls
Window: Double Pane Windows
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioFoundation: Crawl Space
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: No Garage,Stone Driveway
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 32

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi Family, Single Family ResidenceStructure Type: DuplexArchitecture: Beach House
Building
Construction Materials: Vinyl SidingNot a New ConstructionAttached To Another Structure
Property Information
Condition: 100 yrs +/-

Price & Status

Price
List Price: $899,000Price Per Sqft: $293

Active Status

MLS Status: Active

Location

Direction & Address
City: Cape CharlesCommunity: Cape Charles Incorp.

Agent Information

Listing Agent
Listing ID: 60187

Building

Building Area
Building Area: 3073 Square Feet

Lot Information

Lot Area: 5400 sqft

Compensation

Buyer Agency Commission: 2.5%Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 60187Attic: Storage
Last check for updates: about 14 hours ago
Listing courtesy of Susie Charnock, (757) 678-6694
LONG & FOSTER Cape Charles
Source: Eastern Shore AOR, MLS#60187

Price History for 521-523 Monroe Ave

DatePriceEventSource
04/09/2024$899,000Listed For SaleEastern Shore AOR #60187
12/06/2023$920,000ListingRemovedEastern Shore AOR #58099
09/22/2023$920,000PriceChange
Eastern Shore AOR #58099
08/04/2023$950,000Listed For SaleEastern Shore AOR #58099
11/24/2020$565,900ListingRemovedAgent Provided
10/16/2020$565,900PendingAgent Provided
09/09/2020$565,900PriceChange
Agent Provided
07/23/2020$599,000PriceChange
Agent Provided
07/02/2020$639,000PriceChange
Agent Provided
05/06/2020$759,000Listed For SaleAgent Provided

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Comparable Sales for 521-523 Monroe Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
653A&B Monroe Ave, Cape Charles, VA
0.18
Multi-Family Home
$775,000
01/12/24
4
4
1,828
129 Churchill Downs, Cape Charles, VA
0.70
Multi-Family Home
$589,000
06/21/23
3
3
2,700
220 Old Course Loop, Cape Charles, VA
1.18
Multi-Family Home
$650,000
07/25/23
3
2
1,800

What Locals Say about Cape Charles

  • Shputzbulk
    "Parades, Concerts in the Park, Grand Illumination of Central Park, Guppie Challenge, New Roots Youth Garden, Epiphany Party, Dropping of the Crab Pot, Crabby Blues Festival"
    3
    Flag
  • JRJ
    "We have a weekend home in Cape Charles, and love the fact that we can walk to church, restaurants, drugstore, Palace Theatre, library, the beach, the park, etc! Plus there are fun events planned by the town during the year, such as the Fourth of July parade, Festive Fridays, and Dropping of the Crab Pot for New Year's Eve."
    5
    Flag
  • Jack F.
    "This is a great town for those looking for a quiet "Turn of the Century" Chesapeake Bay experience."
    7
    Flag

LGBTQ Local Legal Protections

Susie Charnock, LONG & FOSTER Cape Charles
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
521-523 Monroe Ave, Cape Charles, VA 23310 is a 6 bedroom, 4 bathroom, 3,073 sqft multi-family built in 1920. This property is currently available for sale and was listed by Eastern Shore AOR on Mar 27, 2024. The MLS # for this home is MLS# 60187.