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$1,050,000 - 11Br/11Ba - for Sale in None, Charlottesville
Price: $1,050,000
Beds: 11
Baths: 11
Living Area SqFt: 5,921
Status: Active
Property Type: Detached
Lot Size Acres: 0.38
Lot Size SqFt: 16,552
Year Built: 1935
Neighborhood: None
Days on Website: 7

Courtesy of AVENUE REALTY, LLC

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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 11 bedrooms and 11 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 for both buildings. 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. 1124 Preston Ave is for sale as well, both properties can be bought together in a combo deal.

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Property Details and Features

  • Basement
  • No
  • Bathrooms
  • 11 full bathrooms
  • 11 bathrooms
  • Bedrooms
  • 11 bedrooms
  • Building
  • 2 Story
  • 5,921 finished square feet
  • 5,921 total square feet
  • Built in 1935
  • Cooling
  • Central AC
  • Heat Pump
  • Foundation
  • Concrete Block
  • Heating
  • Forced Air
  • Listing
  • 7 days on the market
  • Location
  • Directions: From preston at barracks, go towards rose hill. Home is on right
  • City: Charlottesville
  • Lot
  • 0.38 acres
  • Schools
  • Elementary school: Jackson-Via
  • Middle school: Walker & Buford
  • High school: Charlottesville
  • Taxes
  • Annual taxes: $6,832
  • Year: 2024
  • Utilities
  • Water: Public Water

Property Map

$1,050,000 – 1122 Preston Ave, Charlottesville, VA 22903

Street View

Nearby Schools

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