$ 697,500
-
$697,500
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing K188-CAAR - 401-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,Bus on City Route
Listing Highlights for 716 S 1st St
Status
Active
Days on Site
124
Property Type
Multi-Family
MLS ®
666422
Year Built
1925
Total Square Footage
0
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: 0
- Bathrooms: Full
- Appliances: Washer/Dryer Stacked, Washer/Dryer Hookups Only
- Air Cond: Heat Pump(s)
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Carpet,Laminated
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Interior Access,Sump Pump,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: 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 22903
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