1122-1124 Preston Avenue
$1,900,000
19
16
1
7,276
7,276
$261
Description
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance...This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville’s most sought-after neighborhoods.
- Listed by WILL NAFEI • AVENUE REALTY, LLCC: (434)-242-9471 willnafeithenook@gmail.com
- Listed by STUART RIFKIN • BLUESKY PM, LLCP: (434)-466-9515 C: (434)-466-9515 stu.rifkin@gmail.com
Property Details for 1122-1124 Preston Avenue
Subdivision
NONE
DirectionsFrom Preston, pass Washington Park, down hill, driveway will be on the right
WaterPublic Water
ZoningR-3 Multifamily Residential
LISTING UPDATED: 11/07/2024 04:29 AM
Property Details for 1122-1124 Preston Avenue
Status | Active |
---|---|
MLS # | 658570 |
Days on Market | 10 |
Taxes | $10,643 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Attached |
Year Built | 1935 |
Lot Size | 0.38 AC / 16,552 SF |
County | Charlottesville Independent City |
Building Information for 1122-1124 Preston Avenue
Stories2Year Built1935Building Size-Lot Size0.38 AC / 16,552 SF
Property Information for 1122-1124 Preston Avenue
Property History for 1122-1124 Preston Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1122-1124 Preston Avenue
This home is within Charlottesville Cty Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 6 |
Rating | School | Distance |
---|---|---|
Venable Elementary School PublicPK to 4 | ||
Buford Middle School Public7 to 8 | ||
Charlottesville High School Public9 to 12 | ||
Walker Upper Elementary School Public5 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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