$549,000

Duplex In Charlottesville

  • 1,790 Sqft
  • 8,712 Sqft lot
  • Updated: Today
  • Source:
    Charlottesville Area Association of REALTORS  MLS#681453

About the Property

Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit
Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit B generates $1,750/month and offers 2 bedrooms, 1 full bath, living room, large kitchen, and laundry. The oversized lot, rear alley access, large backyard, and rear deck add to the property’s appeal and provide potential long-term upside. With two separately configured units, established rental income, and a desirable Belmont location, this property is an excellent addition to an investment portfolio or opportunity for an owner-occupant seeking rental income to help offset expenses. Rent to price ratio = .
  • Property type

    House

  • Year built

    1920

  • Price/sqft

    $306

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1012 ELLIOTT AVE, Charlottesville, Virginia, United States View on Google Maps
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Equity Saver USA - CHARLOTTESVILLE

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Equity Saver USA - CHARLOTTESVILLE
Virginia, United States
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4
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2026
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Equity Saver USA - CHARLOTTESVILLE
CHARLOTTESVILLE, Virginia, United States
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Last updated
Today
First listed
Sep 2
Listing reference
681453
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