Great investment property on a quiet tree lined street in the heart of Belmont. Property sits on a .20 acre flat landscaped lot, 3 off street parking spots, just a few minutes walk to 9 popular Belmont Restaurants. A quick 10 minute walk to the DT mall, IX park, Farmer's Market, Belmont Park. Well maintained property consists of a large house with 3 apartments, PLUS a CUSTOM built cottage tucked on the back of the lot. Rentals all offer great privacy for tenants each one has their own entrance and porche. All rentals have their own washer dryer, no units share mechanicals/systems all have separate electric meters. One water/sewer meter for property. Property is zoned R-B with the city, according to city this property can have up to 6 units By-Right. New owner could live in the cottage and have 3 income producing units right away. 2 of 3 units in large house and Cottage rent as furnished rentals, other unit in large house is unfurnished. New owner can continue with furnished or turn them all into 12 month unfurnished rentals, all have own electric meters. These are NOT Airbnbs, tenants for furnished are travel nurses, UVA professors or working professionals. three off street parking spots, Excellent rental history, never vacant.
Listed By
Agency Name: NEST REALTY GROUP
Agency Phone: 4345660121
Shown By
Agent Name: Jeff Solliday
Agent Phone: (804) 715-2603
Agency Title: Joyner Fine Properties
Estimated Payment
$ 6,179.81 per month $5,233.52 Principal & Interest $644.42 Property Tax $301.88 Homeowner's Insurance
207 Douglas Ave | MLS# 675084
This multi-family property located at 207 Douglas Ave, Charlottesville, VA 22902 is currently listed for sale with an asking price of $1,035,000. Douglas Ave is located within the CHARLOTTESVILLE CITY PUBLIC SCHOOLS school district. Search Charlottesville real estate on www.jsolliday.com today.