1001 Avon St

CHARLOTTESVILLE, VA 22902

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
$775,000

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. seller's noi 40k/yr. 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

  • Property Type

    Multi-Family

  • Subdivision

    Belmont

  • County

    CHARLOTTESVILLE CITY

  • Style

    Other

  • AD ID

    48518282

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Property Appliances: Dryer,Washer

    Heating & Cooling

    • Heating: Heat Pump(s),Steam

  • Building Information

    • Year Built: 1925
    • Structure: Other
    • Major Appliances: Dryer,Washer
    • New Construction: No
    • Total Units: 3
    • Built: 1925
    • Foundation/Basement: Crawl Space,Concrete Perimeter
    • Architecture: Other

    Utility Features

    • Sewer: Public Sewer

  • Lot Information

    • Lot Size (Acres): 0.14
    • Architectural Style: Other

    Property Information

    • Subdivision: BELMONT
    • Total Acreage: 0.14
    • New Construction: No
    • Type: Other

  • Listing Information

    • Days Of Market: 14

  • Tax Information

    • Annual Tax: $4,537
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

  • Homeowners Association Information

    • Direction: Yellow house with white fence at the corner of Montrose and Avon, just south of the Downtown Mall

  • School Information

    • Middle OR Junior School: WALKER & BUFORD
    • High School: CHARLOTTESVILLE
    • School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer

    Location Information

    • Direction: Yellow house with white fence at the corner of Montrose and Avon, just south of the Downtown Mall
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BuyOwner last updated this listing 02/21/2025 @ 10:47

  • MLS: 660594
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. and are nearby neighborhoods.