1001 AVON ST Pending

Charlottesville,VA 22902

$ 775000

4 Beds

3 Baths

1760 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $440

Subdivision Belmont

MLS Listing ID 660600

Bedrooms 4

Full Baths 3

Year Built 1925

Annual Tax Amount $4,537

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

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

State VA

County Charlottesville

Area Charlottesville

Zoning Residential Corridor

Interior

Heating Heat Pump

Cooling Mini Split

Exterior

Garage Spaces 1.0

Building

Story 2 Story

Foundation Pier

Sewer Public Sewer

Water Public Water

Level or Stories 2 Story

New Construction No

Schools

Elementary Schools Summit

Middle Schools Walker & Buford

High Schools Charlottesville

Others

SqFt Source Public Records

View More
Favorite Go Tour