1. Virginia
  2. Charlottesville
  3. 3500 SUNSET LODGE CT
$3,250,000

3500 SUNSET LODGE CT, Charlottesville, VA 22903

  • 5,910 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon2.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $550/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Introducing a one-of-a-kind investment opportunity located in the coveted Ivy, VA. Ivy Cottages, formally known as 'The Sunset Lodge Dining Room and Motel' was founded in the early 1900s. This property features 10 thoughtfully designed 1-bedroom, 1-bath units with fully equipped kitchens. Five of these units are fully renovated, turnkey, and currently renting. Two of the 8 cottages are shells awaiting creative renovation (architectural plans available). The main house, currently under renovation, is centrally located on the property. It includes 1,800+- sqft of versatile space on the main level suitable for events or office use. The upper level features two additional 1 bedroom 1-bath units. Conveniently positioned near Charlottesville, UVA, Crozet, and the Monticello Wine Trail, this offering presents a rare opportunity to acquire 10 income producing units in one of the most sought after areas in Central, VA.

Listing Status:
Pending
Date Added:
September 11, 2024 at 05:00AM
Listing Office:
CORE REAL ESTATE PARTNERS LLC : 434-826-2118
Listing Agent:
MAGGIE HOLLOWAY : 443-752-5856
MLS ID:
656728

This listing courtesy of MAGGIE HOLLOWAY, CORE REAL ESTATE PARTNERS LLC

Location

Schools Nearby

M

Murray Elementary School

3251 Morgantown Rd, Charlottesville, VA, 22903

Grades KG-5

0.50 miles away

H

Henley Middle School

5880 Rockfish Gap Tpke, Crozet, VA, 22932

Grades 6-8

4.62 miles away

W

Western Albemarle High School

5941 Rockfish Gap Tpke, Crozet, VA, 22932

Grades 9-12

4.76 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.