Price: $697,500
Beds: 4
Baths: 2 full, 1 half
Living Area SqFt: 2,173
Status: Active
Property Type: Detached
Lot Size Acres: 0.18
Lot Size SqFt: 7,840
Year Built: 1925
Neighborhood: None
Days on Website: 78

Courtesy of ASSIST2SELL – FIRST RATE REALTY, INC.

Property Description

Don’t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.

Open House

Property Details and Features

  • Property Access
  • Road frontage type: PublicRoad
  • Appliances & Equipment
  • Dishwasher
  • ElectricRange
  • Refrigerator
  • Basement
  • Partial
  • SumpPump
  • Unfinished
  • Bathrooms
  • 2 full bathrooms
  • 1 half bathroom
  • 3 bathrooms total integer
  • 2 main level bathrooms
  • Bedrooms
  • 4 total bedrooms
  • 2 main level bedrooms
  • Building
  • 1,848 above grade finished area
  • Architectural style: Colonial
  • Building area total: 2,173
  • Construction materials: StickBuilt,Stucco
  • Levels: Two
  • Living area: 1,848
  • 2 stories
  • Built in 1925
  • Community
  • None
  • Cooling
  • HeatPump
  • Exterior Features
  • MatureTreesLandscape
  • Floors
  • Carpet
  • Laminate
  • Heating
  • HeatPump
  • Interior Features
  • Remodeled
  • SecondKitchen
  • Laundry
  • WasherHookup
  • DryerHookup
  • Stacked
  • Listing
  • 34 days on market
  • ListingID: 666419
  • Standard status: Active
  • Location
  • Subdivision name: NONE
  • Lot
  • 0.18 acres
  • Parking
  • Asphalt
  • OffStreet
  • OnStreet
  • Possession
  • CloseOfEscrow
  • Property
  • Composite
  • Deck
  • FrontPorch
  • Porch
  • Residential
  • Roof
  • Composition
  • Shingle
  • Schools
  • Elementary school: Trailblazer
  • High school: Charlottesville
  • Middle or junior school: Walker & Buford
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $3,031
  • Tax year: 2025
  • Utilities
  • CableAvailable
  • FiberOpticAvailable
  • HighSpeedInternetAvailable
  • Windows
  • Vinyl

Property Map

$697,500 – 716 1st St S, Charlottesville, VA 22902

Street View

Nearby Schools

Request More Info

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

Request More Info

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

Similar Properties Nearby