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$750,000 - 2Br/1Ba - for Sale in Belmont, Charlottesville
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Price: $750,000
Beds: 2
Baths: 1
Living Area SqFt: 1,020
Status: Active
Property Type: Detached
Lot Size Acres: 0.42
Lot Size SqFt: 18,295
Year Built: 1935
Neighborhood: Belmont
Days on Website: 655

Courtesy of REAL ESTATE III, INC.

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Property Description

Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6-12 multi-family units for apartments or condos. The current residence is a traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, and outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.

Open House

Property Details and Features

  • Appliances & Equipment
  • Dryer Hookup
  • Washer Hookup
  • Basement
  • Yes
  • Bathrooms
  • 1 full bathroom
  • 1 bathroom
  • Bedrooms
  • 2 bedrooms
  • Building
  • Design: Ranch,Craftsman
  • 1 Story
  • 1,020 finished square feet
  • 1,954 total square feet
  • 934 unfinished square feet
  • Built in 1935
  • Cooling
  • Central AC
  • Exterior Features
  • Wood
  • Fireplaces
  • Wood Burning
  • Foundation
  • Concrete Block
  • Garage
  • 1-car garage
  • Heating
  • Central Heat
  • Forced Air
  • Natural Gas
  • Kitchen
  • Wood Cabinets
  • Listing
  • 655 days on the market
  • Location
  • Directions: 250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.
  • Subdivision: Belmont
  • City: Charlottesville
  • Lot
  • 0.42 acres
  • Yard Features: Landscaped,Mature,Nearly Level,Sunny
  • Garage
  • Pool
  • Nearly Level
  • Possession
  • Negotiable
  • Property
  • Mountain View
  • Roof
  • Architectural Style
  • Schools
  • Elementary school: Summit
  • Middle school: Walker & Buford
  • High school: Charlottesville
  • Taxes
  • Annual taxes: $3,987
  • Year: 2024
  • Utilities
  • Electricity: Elec Above ground
  • Gas: Natural Gas
  • Water: Public Water

Property Map

$750,000 – 1700 Monticello Rd, Charlottesville, VA 22902

Street View

Nearby Schools

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