Charlottesville VA Multi Family for Sale

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Type:
Single Family-Detached
Sq.Ft.:
3,298
Status:
Active
Beds:
n/a
Lot size:
7.96 Acres
Year built:
1967
Baths:
MLS#:
657954

ADDITIONAL INFORMATION

1700-1704 Old Brook Road, a unique investment opportunity nestled in the heart of Albemarle County's Urban Area. This expansive property has two residences - a stately brick home in need of complete renovation and a separate cottage, which could be used for an accessory building or rental, but also needs a complete renovation. These two homes are situated on an impressive 7.9-acre lot. This property presents potential for the discerning Investor. and great for the contractor client or investor to rehab and rent these two homes. The land itself appears to allow for the development of one or two lots in addition to the existing dwellings, subject to county guidelines.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
2012
Baths:
MLS#:
657800
Subdivision:
None Available

ADDITIONAL INFORMATION

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!

Type:
Duplex
Sq.Ft.:
3,028
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1956
Baths:
MLS#:
657404

ADDITIONAL INFORMATION

4390 a month 52680 gross annually.Very solid , well constructed brick residence in UVA neighborhood which is currently an over/ under duplex . With a total of 5 bedrooms and 3 full baths , plus garage dining room etc . Nice wood floors ,2 fireplaces, off street parking, & private rear yard. It is a good investment property, or as a primary residence with or without a lower auxiliary rental unit. Leased until June 25. Priced near City 2024 tax assessment. .Excellent potential for a UVA or Medical Center employee wanting a University area home that can offer rental income to help with a mortgage. Tenants want to extend.,.Restricted showings and 2 or more day notice.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1956
Baths:
MLS#:
657404
Subdivision:
None Available

ADDITIONAL INFORMATION

4390 a month 52680 gross annually.Very solid , well constructed brick residence in UVA neighborhood which is currently an over/ under duplex . With a total of 5 bedrooms and 3 full baths , plus garage dining room etc . Nice wood floors ,2 fireplaces, off street parking, & private rear yard. It is a good investment property, or as a primary residence with or without a lower auxiliary rental unit. Leased until June 25. Priced near City 2024 tax assessment. .Excellent potential for a UVA or Medical Center employee wanting a University area home that can offer rental income to help with a mortgage. Tenants want to extend.,.Restricted showings and 2 or more day notice.

Type:
Other
Sq.Ft.:
2,875
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1900
Baths:
MLS#:
653797
Subdivision:
BELMONT

ADDITIONAL INFORMATION

Very well maintained property in popular Belmont. Property consists of 3 rentals(TRIPLEX) large house, & DETACHED 650sqft COTTAGE(built 2015) tucked on the back of the .20 acre landscaped lot. 3 of the 4 rentals are nicely furnished, been a successful furnished STR (30-90 day leases in place) for UVA travel nurses, UVA professors, retirees. 4th unit is leased unfurnished 2 bed/1 bath rental, lease in place until 6-30-25. Each furnished rent has one off street deeded parking spot. Custom built cottage is all one level, walk in glass shower, hardwood floors, laundry with W/D, eat in kitchen, 9'ft ceilings, patio and front porch, central heat and air, encapsulated crawl space. The 2 other furnished rentals are in (triplex)large house; electric heat, hardwoods, stack W/D, all 3 furnished convey nicely furnished, all in great condition. UNFURNISHED unit; large 2 bed/1bath upstairs in large house, stack w/d, large front porch with private entrance, central heat &Air. Successful rental history since 2014. Walk just 5 minutes to MAS, Tavola, Belle, Mockingbird, The Local, Lampo and Quality Pie and DT is an easy 10 minute walk. New zoning is RB- up to 6 units. Units have leases into 2025 guaranteed income into spring 2025.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1961
Baths:
MLS#:
651938
Subdivision:
None Available

ADDITIONAL INFORMATION

Zoned R-B. Can have up to 6 apartments if within requirements. Currently 2 apartments, office, warehouse space. Can be sold as package with 301 7th Street, SW. Adjacent lot can be sold additionally. Owners are licensed VA Real Estate Broker and licensed VA Real Estate Sales Person. Contact Meghan Hicks for more information.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1961
Baths:
MLS#:
651848
Subdivision:
None Available

ADDITIONAL INFORMATION

Zoned R-B. Can have up to 6 apartments if within guidelines. Currently 2 apartments, office, warehouse. Can be sold as package with 702 Delevan. Adjacent lot can be sold additionally. Owners are licensed VA Real Estate Broker and licensed VA Real Estate Sales Person. Contact Meghan Hicks for more information.

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Information is provided by Charlottesville Area Association of Realtors®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interestedin purchasing. Copyright © 2024 Charlottesville Area Association of Realtors®. All rights reserved.


Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Charlottesville Real Estate

The median home value in Charlottesville, VA is $540,000. This is higher than the county median home value of $399,400. The national median home value is $338,100. The average price of homes sold in Charlottesville, VA is $540,000. Approximately 37.49% of Charlottesville homes are owned, compared to 53.24% rented, while 9.27% are vacant. Charlottesville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Charlottesville real estate agent to arrange a tour today!

Charlottesville, Virginia has a population of 46,597. Charlottesville is less family-centric than the surrounding county with 29.21% of the households containing married families with children. The county average for households married with children is 29.21%.

The median household income in Charlottesville, Virginia is $63,470. The median household income for the surrounding county is $63,470 compared to the national median of $69,021. The median age of people living in Charlottesville is 32.5 years.

Charlottesville Weather

The average high temperature in July is 85.7 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 45.3 inches per year, with 14.5 inches of snow per year.

Charlottesville Real Estate Market Conditions

  • Median sales price

    $540,000
    14.9% change since last quarter
  • # Active listings

    406
    30-day change

Charlottesville Schools and Demographics

Education near Charlottesville, VA

Metric City County
High School Graduates 92.38 92.38
College Degree - 2 year 5.06 5.06
College Degree - 4 year 57.98 57.98
Graduate Degree 16.38 16.38
Expenditures per Student 16,539 16,539
Students per Teacher 13.1 13.1

Elementary Schools near Charlottesville, VA

School Grades Students P/T Ratio ZIP
Agnor-Hurt Elementary School PK - 05 502 13.1 22901
Baker-Butler Elementary School PK - 05 627 15 22911
Broadus Wood Elementary School PK - 05 310 16.1 22936
Brownsville Elementary School PK - 05 728 16.7 22932
Burnley-Moran Elementary School PK - 04 392 13.7 22901
Clark Elementary School PK - 04 362 13.2 22902
Crozet Elementary School PK - 05 331 15.6 22932
Greenbrier Elementary School PK - 04 377 15.1 22901
Hollymead Elementary School PK - 05 513 15.9 22911
Jackson-Via Elementary PK - 04 328 16.4 22903
Johnson Elementary School PK - 04 340 12.9 22903
Mary Carr Greer Elementary School PK - 05 607 11.6 22901
Meriwether Lewis Elementary School PK - 05 427 16.1 22901
Paul H CALE Elementary PK - 05 667 12.3 22902
Stone Robinson Elementary School PK - 05 443 13.7 22911
Venable Elementary School PK - 04 341 14.5 22903
Virginia L Murray Elementary PK - 05 264 14.6 22903
Woodbrook Elementary School PK - 05 328 11.6 22901

Middle Schools near Charlottesville, VA

School Grades Students P/T Ratio ZIP
Albemarle County Community Public Charter School 06 - 08 44 7.7 22903
Buford Middle School 07 - 08 509 11.3 22903
Jack Jouett Middle School 06 - 08 598 12 22901
Jackson P Burley Middle 06 - 08 558 13.2 22903
Joseph T Henley Middle 06 - 08 828 15.1 22932
Leslie H Walton Middle 06 - 08 355 10.8 22903
Mortimer Y Sutherland Middle 06 - 08 584 13.7 22911
Walker Upper Elementary School 05 - 06 528 11.3 22903

High Schools near Charlottesville, VA

School Grades Students P/T Ratio ZIP
Albemarle High School 09 - 12 1,974 13.5 22901
Charlottesville High School 09 - 12 1,179 12.4 22901
Monticello High School 09 - 13 1,101 12.9 22902
Murray High School 09 - 12 105 9 22903
Western Albemarle High School 09 - 12 1,042 14.2 22932

Ungraded Schools near Charlottesville, VA

School Grades Students P/T Ratio ZIP
Charlottesville Alternative UG - UG 0 22903
Charlottesville-Albemarle Tech UG - UG 0 22901
Monticello Governor's Health Sciences Academy UG - UG 0 22902
Piedmont Reg. Ed/Ivy Creek UG - UG 0 22901

Demographics near Charlottesville, VA

Metric City County
Neighborhood Type Suburban
Population 46,597 46,597
Population Density 4,548 4,548
Median Age 32.5 32.5
People per Household 2.3 2.3
Median Household Income 63,470 63,470
Average Income per Capita 42,474 42,474