This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!
CHARLOTTESVILLE CITY PUBLIC SCHOOLS
LORING WOODRIFF REAL ESTATE ASSOCIATES
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $665,000 | $5,000 (0.75%) | |
Price Reduced (from $675,000) | $670,000 | $5,000 (0.74%) |
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Listing information last updated on November 26th, 2024 at 10:03am CST.