Price: $1,900,000
Beds: 19
Baths: 16 full, 1 half
Living Area SqFt: 7,276
Status: Active
Property Type: Attached
Lot Size Acres: 0.38
Lot Size SqFt: 16,552
Year Built: 1935
Neighborhood: None
Days on Website: 15

Courtesy of AVENUE REALTY, LLC

Property Description

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 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.

Open House

Property Details and Features

  • Basement
  • No
  • Bathrooms
  • 16 full bathrooms
  • 1 half bathroom
  • 16.5 bathrooms
  • Bedrooms
  • 19 bedrooms
  • Building
  • 2 Story
  • 7,276 finished square feet
  • 8,089 total square feet
  • 813 unfinished square feet
  • Built in 1935
  • Duplex
  • Cooling
  • Central AC
  • Heat Pump
  • Foundation
  • Concrete Block
  • Concrete Slab
  • Heating
  • Baseboard
  • Forced Air
  • Heat Pump
  • Listing
  • 15 days on the market
  • Location
  • Directions: From Preston, pass Washington Park, down hill, driveway will be on the right
  • City: Charlottesville
  • Lot
  • 0.38 acres
  • Schools
  • Elementary school: Jackson-Via
  • Middle school: Walker & Buford
  • High school: Charlottesville
  • Taxes
  • Annual taxes: $10,643
  • Year: 2024
  • Utilities
  • Water: Public Water

Property Map

$1,900,000 – 1122, 1124 Preston Ave, Charlottesville, VA 22903

Street View

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