1122, 1124 Preston Avenue Charlottesville, VA 22903

$1,750,000
19
Beds
16.5
Baths
0.38
Acres
7,276
SQFT
241
$/SQFT
$1,750,000
19
Beds
16.5
Baths
7,276   sf
$241 / sf
Favorite

active
1/19
Street View

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 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.

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Charlottesville City
  • Tax Amount
    $10,643
  • Status
    Active
  • Listing #
    658570
  • Built
    1935
  • Lot Size
    0.38
  • Listed on site
    72 days
  • Listing Agent Id
    304483475255
  • Co Listing Agent Id
    304483482154

Listed by:
Avenue Realty, Llc

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Property History

DateDays AgoEventNew Price
Jan 8, 202510 days agoPrice decreased150,000 (8%)$1,750,000
Nov 6, 20242 mos agoNew on market$1,900,000
Favorite

Tour This Home

Sat
18Jan
Sun
19Jan
Mon
20Jan
Tue
21Jan
Wed
22Jan
Thu
23Jan
Fri
24Jan
Sat
25Jan
Sun
26Jan
Mon
27Jan
Tue
28Jan
Wed
29Jan
Thu
30Jan
Fri
31Jan
in Person
via Video Call