$ 697,500
-
$697,500
Price -
4
Bed -
2.5
Bath -
1,848
SqFt
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About the Listing K188-CAAR - 401-CAAR,2981-CAAR
Don?t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.,Formica Counter,Wood Cabinets
Listing Highlights for 716 S 1st St
Status
Active
Days on Site
124
Property Type
Residential
MLS ®
666419
Year Built
1925
Total Square Footage
1,848
Lot/Acreage
0.18
County
Charlottesville City
Neighborhood
None Available
School District
Charlottesville City Public Schools
Middle School
Walker & Buford
High School
Charlottesville
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances: Washer/Dryer Hookups Only, Washer/Dryer Stacked
- Air Cond: Heat Pump(s)
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Carpet,Laminated
- Above Ground Sq Ft: 1848
- Below Ground Sq Ft: 0
- Basement: Partial,Sump Pump,Unfinished
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Open,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Roof: Composite
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,031
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
716 S 1st St Charlottesville, VA 22902
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