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716 S 1ST ST , Charlottesville, VA 22902

  • $697,500

Overview

Property ID: 666419
  • Residential
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2173 Sqft
  • Area Size
  • 1925
  • Year Built
  • 666419
  • MLS#

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: 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

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