Residential - Detached
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1122 Preston Ave #a-b
Charlottesville, VA 22903
$1,050,000
- 11 Beds
- 11 Baths
- 5921 sqft/ 0.38 acres
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 11 bedrooms and 11 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 for both buildings. 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. 1124 Preston Ave is for sale as well, both properties can be bought together in a combo deal.
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ContactKey Details
- MLS ID 663807
- Year Built 1935
- Type Residential - Detached
- Area 5921 sqft
- Acres 0.38
- Bedrooms 11
- Bathrooms 11
- Full Baths 11
- Stories 2
Additional Information
- Cooling Central AC,Heat Pump
- Heating Forced Air
Schools
- Elementary School Jackson-Via
- Middle School Walker & Buford
- High School Charlottesville
Listed By: AVENUE REALTY, LLC
