Homes for sale - 1122, 1124 PRESTON AVE, Charlottesville, VA 22903 ...

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Tracy Marshall

Engel & Völkers

[email protected] +1(443) 306-7673

$ 1,900,000

Est. payment -/mo

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Active

1122, 1124 PRESTON AVE Charlottesville, VA 22903

19 Beds

17 Baths

7,276 SqFt

UPDATED:

11/07/2024 03:30 AM

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,276 sqft

Price per Sqft $261

Subdivision None Available

MLS Listing ID 658570

Style Other

Bedrooms 19

Full Baths 16

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 7,276

Originating Board CAAR

Year Built 1935

Annual Tax Amount $10,643

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

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.

Location

State VA

County Charlottesville City

Zoning R-3

Rooms

Other Rooms Full Bath, Half Bath, Additional Bedroom

Main Level Bedrooms 7

Interior

Interior Features Entry Level Bedroom

Heating Baseboard, Forced Air, Heat Pump(s)

Cooling Central A/C, Heat Pump(s)

Fireplace N

Exterior

Accessibility None

Garage N

Building

Story 2

Foundation Block, Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Jackson-Via

Middle Schools Walker & Buford

High Schools Charlottesville

School District Charlottesville City Public Schools

Others

Ownership Other

Special Listing Condition Standard

Listed by WILL NAFEI • AVENUE REALTY, LLC

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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