Pending
1001 AVON ST
CHARLOTTESVILLE VA, 22902
$775,000
$440.34 per sqft
Pending
4 Beds
3 Baths
1,760 sqft
Residential
Built in 1925
Unique Triplex w/detached garage in Belmont. Located on the corner of Avon and Montrose, this property abounds w/ residential and investment opportunity. Excellent candidate to live in one apartment while renting out 2 others, and the garage. Gross rent $48,900/yr from 3 apartments, not including the potential garage rental income. NOI 4Ok/yr! Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. OR convert back to the original house and bringing to life the beautiful wood floors, front porch, charming stairwell. The yard is partially fenced with ample room for a variety of uses /structures. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018. Refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. Nearly zero vacancy. Rents easily!
660600
MLSⓇ ID
February 5, 2025
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Full Bath
Fireplace
No
Cooling
Yes
Cooling Description
Mini Split
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
School Information
School District
Charlottesville
High School
Charlottesville
Elementary School
Summit
Other Property Details
Area Name
Charlottesville
Taxes
$4,537
Tax Frequency
Annually
Days on Market
14
Garage
Yes
Garage Spaces
1
View
No
County
Charlottesville
Municipality
2 Story
Water Source
Public Water
Pool
No
Zoning
Residential Corridor
Listing History
Date | Event | Price |
---|---|---|
2/20/2025 | Pending | — |
Courtesy of KELLY C. LINDAUER with NEST REALTY GROUP
Listing Contact:
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