1122, 1124 PRESTON AVE Active

Charlottesville,VA 22903

$ 1900000

19 Beds

16.5 Baths

7276 SqFt


Key Details

Property Type Single Family Home

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 7,276 sqft

Price per Sqft $261

MLS Listing ID 658570

Bedrooms 19

Full Baths 16

Half Baths 1

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

Area Charlottesville

Zoning R-3 Multifamily Residential

Interior

Heating Baseboard,Forced Air,Heat Pump

Cooling Central AC,Heat Pump

Building

Story 2 Story

Foundation Concrete Block,Concrete Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2 Story

New Construction No

Schools

Elementary Schools Jackson-Via

Middle Schools Walker & Buford

High Schools Charlottesville

Others

SqFt Source Owner

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