This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!
Mls | 657800 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 2012 |
Days On Site | 57 |
Listing Provided By | LORING WOODRIFF REAL ESTATE ASSOCIATES | INESSA TELEFUS |
Basement | Y |
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Zoning | R-2 |
Acreage | 0.21 |
State | VA |
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County | Charlottesville City |
City | Charlottesville |
Zip Code | 22903 |
Community Name | None Available |
School District | Charlottesville City Public Scho |
Elementary School | Johnson |
Middle School | Walker & Buford |
High School | Charlottesville |
Listing VS Median (in None Available) | |
Price: $655,000 low | high Med: $349,000 On Site: 57 low | high Med: 1588.000000 |