Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 6-bedroom, 4-bathroom residential multi family at 207 DOUGLAS AVE in Charlottesville, VA is listed for $1,035,000 ($373 per sqft). Built in 1945, the home offers 2,777 sqft of living space on a 0.20 acres lot.
Great investment property on a quiet tree lined street in the heart of Belmont. Property sits on a .20 acre flat landscaped lot, 3 off street parking spots, just a few minutes walk to 9 popular Belmont Restaurants. A quick 10 minute walk to the DT mall, IX park, Farmer's Market, Belmont Park.
Well maintained property consists of a large house with 3 apartments, PLUS a CUSTOM built cottage tucked on the back of the lot. Rentals all offer great privacy for tenants each one has their own entrance and porche. All rentals have their own washer dryer, no units share mechanicals/systems all have separate electric meters.
One water/sewer meter for property. Property is zoned R-B with the city, according to city this property can have up to 6 units By-Right. New owner could live in the cottage and have 3 income producing units right away. 2 of 3 units in large house and Cottage rent as furnished rentals, other unit in large house is unfurnished.
New owner can continue with furnished or turn them all into 12 month unfurnished rentals, all have own electric meters. These are NOT Airbnbs, tenants for furnished are travel nurses, UVA professors or working professionals. three off street parking spots, Excellent rental history, never vacant.
Key Features
- Built in 1945
- 0.20 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,535/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
207 DOUGLAS AVE
Charlottesville, VA 22902
BELMONT
Property Details
Flooring
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 207 DOUGLAS AVE is listed at $1,035,000 ($373/sqft). The estimated monthly payment is $4,485 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.20 acre lot.
This property is listed by JANICE KAVANAGH and can be reached at 4347600739 or janice@nestrealty.com.
