Smart Homeownership Opportunity! Discover an incredible, income-generating property on a private 0.97-acre lot in Glen Allen. Perfect for savvy buyers looking to significantly lower their monthly living expenses or investors seeking a unique two-unit asset, this property features two separate, independent homes. The Main House (2 BR / 1.5 BA) is a charming Cape Cod featuring a spacious floor plan, classic character, and a massive rear entertainment deck (Historically rents for $1800/month). The Detached Cottage (1 BR / 1 BA) is a separate 640 sq. ft. secondary residence ideal for a long-term tenant ($800-1000/mo) or a high-margin Airbnb/traveling nurse rental ($1,620+/mo) to heavily offset your monthly mortgage. The heavy lifting is done: Enjoy total peace of mind with a brand-new roof (2025) and a brand-new HVAC system (2025). Unbeatable convenience near Route 1, minutes from Virginia Center Commons, major Richmond commuter routes, shopping, and dining. Live in one and let the second unit cut your housing costs in half!
Property Features
Parking
Unpaved
Driveway
No Garage
Oversized
Paved
Cooling Information
Central Air
Electric
Heating Information
Forced Air
Natural Gas
Water Features
Public
House Interior
Walk-In Closet(s)
Fire Place
Wood Burning
School Information
School Information for 11014 Cedar Lane, Glen Allen, VA 23059
Elementary School
Elmont
Middle School
Liberty
High School
Patrick Henry
Listing Courtesy: Long & Foster REALTORS - 804-822-3220