$1,259,000

207 DOUGLAS AVE, Charlottesville, VA 22902

  • 2,777 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $453/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
March 14, 2025 at 05:00AM
Listing Office:
NEST REALTY GROUP : 434-566-0121
Listing Agent:
JANICE K KAVANAGH : 434-760-0739
MLS ID:
661905
  • Appliances: DishwasherElectric RangeMicrowaveRefrigerator
  • Laundry: Stacked
  • Flooring: HardwoodLaminateLinoleum
  • A/C: Central AirHeat PumpWindow Unit(s)
  • Heating: BaseboardForced AirHeat PumpNatural Gas

This listing courtesy of JANICE K KAVANAGH, NEST REALTY GROUP

Location

Schools Nearby

C

Clark Elementary School

1000 Belmont Ave, Charlottesville, VA, 22902

Grades PK-4

0.28 miles away

B

Buford Middle School

1000 Cherry Ave, Charlottesville, VA, 22903

Grades 7-8

1.24 miles away

C

Charlottesville High School

1400 Melbourne Rd, Charlottesville, VA, 22901

Grades 9-12

1.77 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.