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Katie Moore

Engel & Völkers

[email protected] +1(443) 623-7887

$ 775,000

Est. payment -/mo

Save

New

1001 AVON ST #A, B, C, GARAGE Charlottesville, VA 22902

6,098 Sqft Lot

UPDATED:

02/06/2025 06:07 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Belmont

MLS Listing ID 660594

Style Other

HOA Y/N N

Originating Board CAAR

Year Built 1925

Annual Tax Amount $4,537

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Rare Investment Opportunity with multiple upsides! Belmont location with Downtown Mall walkability. Gross rent $48,900/year from 3 apartments, not including the potential garage rental income. Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018 and surge protectors 2024 throughout, refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); all new paint (2023); removal of kitchen electric wall heater (2024). This corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. City alley access as well. Nearly zero vacancy. Rents easily!,Bus on City Route

Location

State VA

County Charlottesville City

Interior

Heating Heat Pump(s), Steam

Flooring Hardwood

Inclusions 3 oven/ranges, 3 refrigerators, washer and dryer downstairs.

Equipment Dryer, Washer

Fireplace N

Appliance Dryer, Washer

Exterior

Accessibility None

Road Frontage Public

Garage N

Building

Lot Description Other

Foundation Crawl Space, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

Middle Schools Walker & Buford

High Schools Charlottesville

School District Charlottesville City Public Schools

Others

Ownership Other

Special Listing Condition Standard

Listed by KELLY C. LINDAUER • NEST REALTY GROUP

Katie Moore

Advisor | License ID: 667359

+1(443) 623-7887

GET MORE INFORMATION