1. Virginia
  2. Charlottesville
  3. 1122 Preston Ave # A-B
$1,050,000

1122 Preston Ave # A-B, Charlottesville, VA 22903

  • 11 beds |
  • 11 baths |
  • 5,921 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $177/sqft
  • Property List Date Icon Listed 26 days ago

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.

Listing Status:
Active
Date Added:
April 28, 2025 at 05:00AM
Listing Office:
AVENUE REALTY, LLC : 434-326-5477
Listing Agent:
WILL NAFEI : 434-242-9471
MLS ID:
663807
  • General: Primary Downstairs
  • Basement: Crawl Space
  • A/C: Central AirHeat Pump
  • Heating: Forced Air

This listing courtesy of WILL NAFEI, AVENUE REALTY, LLC

Location

Schools Nearby

V

Venable Elementary School

406 14th St NW, Charlottesville, VA, 22903

Grades PK-4

0.37 miles away

B

Buford Middle School

1000 Cherry Ave, Charlottesville, VA, 22903

Grades 7-8

1.18 miles away

C

Charlottesville High School

1400 Melbourne Rd, Charlottesville, VA, 22901

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.