702 N Beverly AVE, Covington, VA 24426

$89,000
Property Type: MultiFamily Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $89,000 List Date: 7/06/2026 Last Modified: 11/06/2026

Overview

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.

Supplements: 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 potenti ...

Listing Details MLS# 929194

Location, Tax & Legal

Area
2600 - City of Covington
Street Number
702
Street Direction Pfx
N
Street Name
Beverly
Street Suffix
AVE
State/Province
VA
Zip Code
24426
Subdivision
N/A
Municipality
City of Covington
Elementary School
Other - See Remarks
Middle School
Other - See Remarks
High School
Other - See Remarks

General Property Description

Multi-Family Type
Duplex
Construction Status
Completed
Year Built
1935
Number of Units
2
# Unfurnished
2
# Leased Units
Yes
Gross Bldg SQFT
1872
Total Acreage
Yes
Basement Y/N
No
Parking Description
On Street
Water Class
N/A

More Information

Property Features

Limited Service: Not Limited Service Construction: Vinyl; Wood Heating: Forced Air Gas Cooling: None Water Description: Public Sewer Description: Public Sewer Owner Expenses: Lawn Care; Management Fee Tenant Expenses: All Utilities
Listing Office: MAC WESTLAND REAL ESTATE GROUP
Last Updated: November - 06 - 2026
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