Courtesy: Iron Valley Real Estate HR
757-645-9700
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 through August 2026
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Cape Charles is located in Virginia. Cape Charles, Virginia has a population of 1,134. Cape Charles is less family-centric than the surrounding county with 7.58% of the households containing married families with children. The county average for households married with children is 20.29%.
The median household income in Cape Charles, Virginia is $49,167. The median household income for the surrounding county is $50,347 compared to the national median of $69,021. The median age of people living in Cape Charles is 56.5 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 30.4 degrees. The average rainfall is approximately 46.2 inches per year, with 4.7 inches of snow per year.
