207 Douglas Ave Ave

Charlottesville, VA 22902
$1,259,000
Status: Active
  • Est. Payment
    / mo

LOCATION, LOCATION LOCATION and a Fantastic investment opportunity in Belmont. Property offers 3 units in the large house PLUS a one bedroom separate cottage built 2015. Cottage and 2 of the 3 units in the main house are fully furnished, convey furnished with leases in place into fall 2025. Largest unit in the main house is a 12 month, unfurnished 2 bed/1bath unit, central HVAC. Each Furnished unit has a designated off street parking spot. Live in one unit and have 3 investments rentals for yourself. OR convert main house to a single family and have the cottage for a rental, OR keep as is and have 4 highly desirable and rentable units with great rental history. City's new higher density zoning allows for up to 6 units on this lot, by-right. Property is well maintained, will convey with leases in place into fall 2025. Square footage on the floor plans shows 2777 and that includes the 650sqft separate cottage. Property is in very good condition, all repairs/renovations were done by licensed professionals. Furnished rentals have quality furnishings, kitchenwares, each unit has their own stack Washer/Dryer. Super investment property in a highly desirable neighborhood.,Formica Counter,White Cabinets

Listing provided courtesy of: NEST REALTY GROUP.

PROPERTY DETAILS

  • Price $1,259,000
  • Building Units 4
  • Land/Lot Size (Sq Ft) 8,712
  • Property Type Residential Income
  • Year Built 1900
  • MLS Number 661905
  • Days on Market 37

TAXES & HOA

  • Annual Taxes (USD) $7,427
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: NEST REALTY GROUP. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 08:54:03

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