Description
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.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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2,777SQFT
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$453$/SQFT
School Information
Description
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.
Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-04-27T00:12:43.347.