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MLS# 658570 – 1122, 1124 Preston Ave, Charlottesville, VA 22903

Price: $1,900,000
Beds: 19
Baths: 16 full, 1 half
Living Area SqFt: 7,276
Status: Active
Property Type: Twin Home
Lot Size Acres: 0.38
Lot Size SqFt: 16,552
Year Built: 1935
Neighborhood: None Available
Days on Website: 20

Courtesy of WILL NAFEI, AVENUE REALTY, LLC darian@avenuerealtygroup.com

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 19 bedrooms and 16.5 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. 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.

Open House

Property Details and Features

  • Bathrooms
  • 17 total bathrooms
  • 9 bathrooms on all upper levels
  • 8 bathrooms on main level
  • 16 full bathrooms
  • 8 full bathrooms on main level
  • 1 half bathroom
  • Bedrooms
  • 6 bedrooms on upper levels
  • 19 bedrooms
  • 7 bedrooms on main level
  • Building
  • 7,276 sqft living area
  • 7,276 sqft above grade (finished)
  • 813 sqft below grade (unfinished)
  • 8,089 total building sqft
  • Built in 1935
  • Structure Type: Twin/Semi-Detached
  • 2 levels
  • Cooling
  • Central Air
  • Central A/C
  • Heat Pump(s)
  • Foundation
  • Block
  • Slab
  • Heating
  • Baseboard
  • Forced Air
  • Heat Pump(s)
  • Interior Features
  • Entry Level Bedroom
  • Listing
  • 21 days on market
  • $261 per sqft
  • Property SubType: Twin Home
  • Location
  • County: Charlottesville City
  • Subdivision: None Available
  • Lot
  • 0.38 acres
  • Property
  • Other Structures: Above Grade,Below Grade
  • Schools
  • School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS
  • Elementary School: JACKSON-VIA
  • Middle School: WALKER & BUFORD
  • High School: CHARLOTTESVILLE
  • Sewer
  • Public Sewer
  • Taxes
  • Tax Annual Amount: $10,643
  • Tax Year: 2024

Property Map

$1,900,000 – 1122, 1124 Preston Ave, Charlottesville, VA 22903

Street View

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This content last updated on November 27, 2024 10:02AM.