413 VALLEY ROAD EXT, CHARLOTTESVILLE VA, 22903

Active

413 VALLEY ROAD EXT

CHARLOTTESVILLE VA, 22903

$655,000

$314.90 per sqft

Active

6 Beds

5 Baths

2,080 sqft

Multi-family

Built in 2012

This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B - 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don't miss out on this solid investment opportunity close to UVA!

657800

MLSⓇ ID

October 12, 2024

Listed

December 1, 2024

Updated

Map

413 VALLEY ROAD EXT
CHARLOTTESVILLE VA, 22903

Interior Features

Bedrooms: 6
Total Bathrooms: 5
Laundry Description: Stack Unit
Floor Description: Carpet, Vinyl, Luxury Vinyl Plank
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Heat Pump

Exterior/Building Features

Lot Size: 0.21 Acres
Exterior Features: Vinyl
Roof: Composition Shingle
Sewer: Public Sewer

School Information

School District: 3 Bed Apt
High School: Charlottesville
Elementary School: Johnson (Charlottesville)

Other Property Details

Area Name: Charlottesville
Taxes: $4,620
Tax Frequency: Annually
Days on Market: 51
Garage: No
View: No
County: Charlottesville
Water Source: Public Water
Pool: No
Zoning: R-2 Two Family Residential

Listing History

Date	Event	Price
12/1/2024	Price change	$655,000 -2%
11/24/2024	Price change	$665,000 -1%
11/8/2024	Price change	$670,000 -1%

Courtesy of INESSA TELEFUS with LORING WOODRIFF REAL ESTATE ASSOCIATES
Listing Contact: 434-989-1559

Based on information from Charlottesville Area Association of REALTORS® as of 12/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.