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1122, 1124 Preston Ave

CHARLOTTESVILLE, VA 22903
  • $1,900,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 658570
UPDATED: 64 min ago
$1,900,000
  • 19
    BEDS
  • 0.38
    ACRES
  • 16
    BATHS
  • 1
    1/2 BATHS
  • 7,276
    SQFT
  • $261
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1935

School Information

Elementary School:
Middle School:
High School:

Description

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville?s most sought-after neighborhoods.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T21:52:51.523.
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1122, 1124 Preston Ave CHARLOTTESVILLE, VA 22903

  • Price: $1,900,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 64 min ago
  • ID#: 658570
19
Beds
16
Baths
1
½ Baths
0.38
Acres
7,276
SQFT
$261
$/SQFT
1935
Built
Neighborhood:
None Available
County:
Charlottesville City
Elementary School:
Jackson-Via
Middle School:
Walker & Buford
High School:
Charlottesville
School District:
Charlottesville City Public Schools
Property Description
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville?s most sought-after neighborhoods.
Exterior Features

Architectural Style Other Garage YN No Water View YN No

Interior Features

Above Grade Fin SQFT 7276 Above Grade Unfinished Area 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 813 Building Area Total 8089.00 Cooling Central A/CHeat Pump(s) Cooling YN No Fireplace YN No Heating BaseboardForced AirHeat Pump(s) Heating YN Yes Interior Features Entry Level Bedroom Levels 2 Main Level Bedrooms 7 Room List Full BathHalf BathAdditional Bedroom

Property Features

Accessibility Features None Association Fee2 0.00 Association YN No Central Air YN Yes Condo YN No Construction Completed YN No Foundation Details BlockSlab New Construction YN No Original MLSNumber 658570:CAAR:RE_1 Ownership Interest Other Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 10643.00 Vacation Rental YN No Water Source Public Zoning R-3 Zoning Description Multifamily Residential

Listing courtesy of AVENUE REALTY, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T21:52:51.523.
 
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Ashburn VA, 20147