County/City: Charlottesville

Subdivision: NONE

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.

Property Details

Property Type: Detached

Acreage: 0.38

Taxes: $4841 as of 2024

Year Built: 1935

Pool:

Garage: No

Exterior Details

Interior Details

Sq. Ft. Finished: 5041   Sq.Ft. Unfinished: 0

Bedrooms: 8

Full Baths: 5   Half Baths: 1

Basement: No

Fireplaces:

Cooling: Central Heat,Forced Air

Heating: Central AC,Heat Pump

School Details

Elementary School: Jackson-Via

Middle School: Walker & Buford

High School: Charlottesville

Listing Firm: AVENUE REALTY, LLC, Contact information: 434-242-9471

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