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$740,000 - 2Br/1Ba - for Sale in Belmont, Charlottesville
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Price: $740,000
Beds: 2
Baths: 1
Living Area SqFt: 1,954
Status: Active
Property Type: Detached
Lot Size Acres: 0.42
Lot Size SqFt: 18,295
Year Built: 1935
Neighborhood: Belmont
Days on Website: 42

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 multi-family units for apartments or condos. The current residence is 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, 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

  • Property Access
  • Road frontage type: PublicRoad
  • Appliances & Equipment
  • ElectricRange
  • Refrigerator
  • Basement
  • CrawlSpace
  • ExteriorEntry
  • InteriorEntry
  • Unfinished
  • WalkOutAccess
  • Bathrooms
  • 1 full bathroom
  • 1 bathroom total integer
  • 1 main level bathroom
  • Bedrooms
  • 2 total bedrooms
  • 2 main level bedrooms
  • Building
  • 1,020 above grade finished area
  • Architectural style: Craftsman,Ranch
  • Building area total: 1,954
  • Construction materials: StickBuilt,WoodSiding
  • Levels: One
  • Living area: 1,020
  • 1 story
  • Built in 1935
  • Community
  • Sidewalks
  • Cooling
  • CentralAir
  • Exterior Features
  • MatureTreesLandscape
  • Fireplaces
  • WoodBurning
  • Floors
  • Hardwood
  • Garage
  • 1 space
  • Heating
  • Central
  • ForcedAir
  • NaturalGas
  • Interior Features
  • PrimaryDownstairs
  • Laundry
  • WasherHookup
  • DryerHookup
  • Listing
  • 86 days on market
  • ListingID: 659753
  • Standard status: Active
  • Location
  • Subdivision name: BELMONT
  • Lot
  • Landscaped
  • Level
  • 0.42 acres
  • Parking
  • Detached
  • Electricity
  • Garage
  • HeatedGarage
  • OffStreet
  • GarageFacesSide
  • Pool
  • Pool
  • Private
  • Possession
  • Negotiable
  • Property
  • Concrete
  • FrontPorch
  • Patio
  • Porch
  • SidePorch
  • Stone
  • Mountains
  • Roof
  • Architectural
  • Schools
  • Elementary school: Summit
  • High school: Charlottesville
  • Middle or junior school: Walker & Buford
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $3,987
  • Tax year: 2024
  • Utilities
  • CableAvailable
  • FiberOpticAvailable
  • NaturalGasAvailable
  • HighSpeedInternetAvailable

Property Map

$740,000 – 1700 Monticello Rd, Charlottesville, VA 22902

Street View

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