1. Virginia
2. Charlottesville
3. 716 S 1ST ST

716 S 1ST ST, Charlottesville, VA 22903

Property Description

Don?t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.,Formica Counter,Wood Cabinets,Bus on City Route

Listing Status:

Active

Listing Office:

ASSIST2SELL - FIRST RATE REALTY, INC. : 4349791223

Listing Agent:

AUDREY BADGETT : 4349968688

MLS ID:

666422

Interior

• Appliances: Washer/Dryer StackedWasher/Dryer Hookups Only
• Basement: Interior accessSump pumpUnfinished
• Flooring: CarpetLaminated
• A/C: Heat Pump(s)
• Heating: Heat Pump(s)
• Disability Feature: None

Exterior

Construction

Location

Utilities

Financial

This listing courtesy of AUDREY BADGETT, ASSIST2SELL - FIRST RATE REALTY, INC.