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Listed by WILL NAFEI • AVENUE REALTY, LLC

$525,000

Est. payment - /mo

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8 Beds

6 Baths

5,041 SqFt

New

1124 PRESTON AVE Charlottesville, VA 22903

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Annie & Nikki The Busy Blondes

admin@thebusyblondes.com +1(202) 841-7601

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,041 sqft

Price per Sqft $104

Subdivision None Available

MLS Listing ID 663809

Style Other

Bedrooms 8

Full Baths 5

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 5,041

Originating Board CAAR

Year Built 1935

Annual Tax Amount $4,841

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Detached

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 8 bedrooms and 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. 1122 Preston Ave is for sale as well, and both properties can be purchased together in a combo deal.

Location

State VA

County Charlottesville City

Zoning R-2

Rooms

Other Rooms Full Bath, Half Bath, Additional Bedroom

Main Level Bedrooms 1

Interior

Interior Features Entry Level Bedroom

Heating Central, Forced Air

Cooling Central A/C, Heat Pump(s)

Fireplace N

Exterior

Accessibility None

Garage N

Building

Story 2

Foundation Block

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

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Annie & Nikki The Busy Blondes

Agent | License ID: 0225062488

+1(202) 841-7601