One of Charlottesville's most affordable opportunities to offset your mortgage with a fully finished apartment just minutes from UVA. Phenomenal investment opportunity off Cherry Ave! Fully renovated and legal over/under duplex offering separate, turnkey units in a prime Charlottesville location. You will be amazed by the finishes in this home. Upstairs features 3 bedrooms and 1 bath, hardwood floors, a beautifully updated modern kitchen, a relaxing screened porch, and abundant natural light. Don't miss the large usable fenced yard with planting beds and a shed. The lower apartment offers 2 bedrooms and 1 bath, new flooring, new kitchen, attractive bath renovation, two healthy bedrooms, and a private gated walkway leading to its own outdoor seating area. Both units are Move-in ready with in-unit laundry and strong income potential for investors or owner-occupants seeking supplemental rental income. Convenient to downtown, UVA, hospitals, and I-64. Separate electric meters, separate addresses. While this home was most recently owner occupied and renovated, upstairs rental comps suggest $2,300/mo while downstairs has the potential to make $1,700/mo.
21 days
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786
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64
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Zillow last checked:
Listing updated:
Listed by:
MARY KATHERINE KING434-981-5068,
LONG & FOSTER - CHARLOTTESVILLE
Source: CAAR,MLS#: 677086Originating MLS: Charlottesville Area Association of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Heating
Dual System, Natural Gas
Cooling
Central Air, Ductless
Appliances
Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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