716 S 1ST ST , Charlottesville, VA 22902
- $697,500
Overview
- Residential
- 4
- 3
- 2173 Sqft
- 1925
- 666419
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
Address
Open on Google Maps-
Address: 716 S 1ST ST
-
City: Charlottesville
-
State: VA
-
Zip/Postal Code: 22902
-
Area: NONE AVAILABLE
-
Country: US
Details
Updated on August 14, 2025 at 3:55 pm-
Property ID 666419
-
Price $697,500
-
Property Size 2173 Sqft
-
Land Area 0.18 Acres
-
Bedrooms 4
-
Bathrooms 3
-
Garage Size x x
-
Year Built 1925
-
Property Type Residential
-
Property Status Active
-
MLS# 666419
Additional details
-
Roof Composite
-
Utilities Electric Available
-
Sewer Public Sewer
-
Cooling Heat Pump(s)
-
Heating Heat Pump(s)
-
Flooring Carpet,Laminated
-
County CHARLOTTESVILLE CITY-VA
-
Property Type Residential
-
Middle School WALKER & BUFORD
-
High School CHARLOTTESVILLE
-
Architectural Style Colonial
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
Schedule a Tour
Your information
Contact Information
View Listings- Tony Saa
- WEI58703-314-7742