Charlottesville, VA 22903,1124 PRESTON AVE
Charlottesville, VA 22903,1124 PRESTON AVE
Charlottesville, VA 22903,1124 PRESTON AVE
25
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$525,000
Est. payment /mo
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8 Beds
6 Baths
5,041 SqFt
Active

1124 PRESTON AVE Charlottesville, VA 22903

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,041 sqft

Price per Sqft $104

MLS Listing ID 663809

Bedrooms 8

Full Baths 5

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 5,041

Year Built 1935

Annual Tax Amount $4,841

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Detached

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 8 bedrooms and 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. 1122 Preston Ave is for sale as well, and both properties can be purchased together in a combo deal.

Location

State VA

County Charlottesville

Zoning R-2 (Two-Family) Residential

Direction From barracks, take preston toward rose hill. Home on left

Rooms

Main Level Bedrooms 1

Interior

Interior Features Primary Downstairs

Heating Central, Forced Air

Cooling Central Air, Heat Pump

Fireplace No

Exterior

Utilities Available Cable Available, Fiber Optic Available, Satellite Internet Available

Water Access Desc Public

Garage No

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Jackson-Via

Middle Schools Walker & Buford

High Schools Charlottesville

Others

Tax ID 030073000


CAAR - GAAR - HRAR
Listed by AVENUE REALTY, LLC
agent

DeAndrea DeeDee Jones

Broker Associate | License ID: 0225077056

+1(703) 596-5884

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