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First Heritage Realty Alliance

fhra@firstheritagerealty.com +1(267) 525-7900

Listed by WILL NAFEI • AVENUE REALTY, LLC

$ 1,050,000

Est. payment -/mo

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1122 PRESTON AVE #A-B Charlottesville, VA 22903

11 Beds

11 Baths

5,921 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,921 sqft

Price per Sqft $177

Subdivision None Available

MLS Listing ID 663807

Style Other

Bedrooms 11

Full Baths 11

HOA Y/N N

Abv Grd Liv Area 5,921

Originating Board CAAR

Year Built 1935

Annual Tax Amount $6,832

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Detached

Property Description

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 11 bedrooms and 11 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots for both buildings. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville?s most sought-after neighborhoods. 1124 Preston Ave is for sale as well, both properties can be bought together in a combo deal.

Location

State VA

County Charlottesville City

Zoning R-2

Rooms

Other Rooms Full Bath, Additional Bedroom

Main Level Bedrooms 2

Interior

Interior Features Entry Level Bedroom

Heating Forced Air

Cooling Central A/C, Heat Pump(s)

Fireplace N

Exterior

Accessibility None

Garage N

Building

Story 2

Foundation Block, Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Jackson-Via

Middle Schools Walker & Buford

High Schools Charlottesville

School District Charlottesville City Public Schools

Others

Ownership Other

Special Listing Condition Standard

First Heritage Realty Alliance

+1(267) 525-7900

First Heritage Realty Alliance

1122 PRESTON AVE #A-B Charlottesville, VA 22903

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1122 PRESTON AVE #A-B