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413 Valley Road Ext

CHARLOTTESVILLE, VA 22903
  • $655,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 657800
Price Reduced
UPDATED: 67 min ago
$655,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2012

School Information

Elementary School:
Middle School:
High School:

Description

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!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T22:51:39.967.
www.lisasellsdelaware.com/homes/156661479
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413 Valley Road Ext CHARLOTTESVILLE, VA 22903

  • Price: $655,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 67 min ago
  • ID#: 657800
0
Beds
0
Baths
0
½ Baths
0.21
Acres
2012
Built
Neighborhood:
None Available
County:
Charlottesville City
Elementary School:
Johnson
Middle School:
Walker & Buford
High School:
Charlottesville
School District:
Charlottesville City Public Schools
Property Description
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!
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage YN No Lot Features Other Road Responsibility Public Roof Composite Water View YN No

Interior Features

Appliances Washer/Dryer Stacked Basement Outside Entrance Basement YN Yes Cooling Heat Pump(s) Cooling YN No Fireplace YN No Flooring CarpetVinyl Heating Heat Pump(s) Heating YN Yes Inclusions dishwasherel. rangemicrowaverefrigerator. Security Features Smoke Detector

Property Features

Accessibility Features None Association Fee2 0.00 Association YN No Central Air YN No Condo YN No Construction Completed YN No Foundation Details Slab Gross Income 3725.00 New Construction YN No Number Of Units Total 2 Operating Expense 768.00 Original MLSNumber 657800:CAAR:MF_5 Owner Pays Taxes - Real Estate Ownership Interest Other Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 4620.00 Vacation Rental YN No Water Source Public Zoning R-2 Zoning Description Two Family Residential

Listing courtesy of LORING WOODRIFF REAL ESTATE ASSOCIATES: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T22:51:39.967.
 
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