Sold

1001 Avon St, Charlottesville, VA 22902

Beds
4
Baths
3
Sqft
2,105

View property features, location on map, relevant school information and overview from seller's agent.

Listed byNEST REALTY GROUP
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Overview

Unique Triplex w/detached garage in Belmont. Located on the corner of Avon and Montrose, this property abounds w/ residential and investment opportunity. Excellent candidate to live in one apartment while renting out 2 others, and the garage. Gross rent $48,900/yr from 3 apartments, not including the potential garage rental income. NOI 4Ok/yr! Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. OR convert back to the original house and bringing to life the beautiful wood floors, front porch, charming stairwell. The yard is partially fenced with ample room for a variety of uses /structures. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018. Refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. Nearly zero vacancy. Rents easily!

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
4
Number of bathrooms
3
Square feet
2,105
Lot size (acres)
0.14
Year built
1925

Utilities

Heating
Heat pump
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$4,537

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: 660600 Last checked:

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