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716 S 1ST ST St, CHARLOTTESVILLE, VA 22903
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$697,500
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Home Details for 716 S 1ST ST St
Price
$697,500
Type
Multi Family
Year Build
1925
Lot Size
0.18
County
CHARLOTTESVILLE CITY
Basement
Sump Pump, Unfinished, Interior Entry
Tax
$3,030.92
MLS®️ Listing#
666422
On exitrealty.com
138 days
Property 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,Bus on City Route
- Basement
- Sump Pump
- Unfinished
- Interior Entry
- Utilities
- Electricity Available
- Cable Available
- Cooling Information
- Heat Pump
- Heating Information
- Heat Pump
- Water Features
- Public
Listing Courtesy: ASSIST2SELL - FIRST RATE REALTY, INC. - 434-979-1223
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 08:59:18
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