Price: $1,259,000
Baths: 0
Status: Active
Property Type: Triplex
Lot Size Acres: 0.20
Lot Size SqFt: 8,712
Year Built: 1900
Neighborhood: Belmont
Days on Website: 11

Courtesy of NEST REALTY GROUP

Property Description

LOCATION, LOCATION LOCATION-A Fantastic investment opportunity in Belmont. Property offers 3 units in the large house PLUS a one bedroom separate cottage built 2015. Cottage plus 2 of 3 units in the main house are fully furnished, convey furnished with leases in place into spring 2026. Largest unit in the main house is a 12 month, unfurnished 2 bed/1bath unit, central HVAC with Lease in place until JUNE 2026 @ $1,695/mnth. Each Furnished unit has a designated off street parking spot. Live in one unit and have 3 investments rentals for yourself. OR convert main house to a single family and have the cottage for a rental, OR keep as is and have 4 highly desirable and rentable units with great rental history. City’s new higher density zoning allows for up to 6 units on this lot, by-right. Property is well maintained, will convey with leases in place into spring 2026. Square footage on the floor plans shows 2777 and that includes the 650sqft separate cottage. Property is in very good condition, all repairs/renovations were done by licensed professionals. Furnished rentals have quality furnishings, kitchenwares, each unit has their own stack Washer/Dryer. Super investment property in a highly desirable neighborhood.

Open House

Property Details and Features

  • Property Access
  • Road frontage type: PublicRoad
  • Appliances & Equipment
  • Dishwasher
  • ElectricRange
  • Microwave
  • Refrigerator
  • Building
  • Living area: 2,777
  • Built in 1900
  • Cooling
  • CentralAir
  • HeatPump
  • WindowUnits
  • Floors
  • Hardwood
  • Laminate
  • Linoleum
  • Heating
  • Baseboard
  • ForcedAir
  • HeatPump
  • NaturalGas
  • Laundry
  • Stacked
  • Listing
  • 70 days on market
  • Lease amount: $80,000
  • ListingID: 661905
  • Standard status: Active
  • Location
  • Subdivision name: BELMONT
  • Lot
  • 0.2 acres
  • Property
  • Composite
  • FrontPorch
  • Porch
  • Wood
  • Roof
  • Composition
  • Shingle
  • Schools
  • Elementary school: Summit
  • High school: Charlottesville
  • Middle or junior school: Walker & Buford
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $7,427
  • Tax year: 2025
  • Utilities
  • CableAvailable
  • FiberOpticAvailable
  • Windows
  • InsulatedWindows
  • Screens
  • TiltInWindows

Property Map

$1,259,000 – 207 Douglas Ave, Charlottesville, VA 22902

Street View

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