Description
Situated at the end of a private street, a quick walk of less than one mile from UVA Hospital and the UVA School of Medicine, 301 Paton St presents a rare investment opportunity in a high-demand rental market. With a strong rental history dating back to 2002, this versatile duplex offers the flexibility to rent both units or live in one while leasing the other. With a cabin look and surrounded by lush foliage, tenants rave about the surrounding nature - imagine spotting a baby deer right from your window! Each unit is individually metered for electricity, with shared water and septic. Zoned RN-A, there's potential to expand to six units on this .48-acre lot - buyers should verify all expansion opportunities with Charlottesville Zoning. Unit B (Upstairs) is leased through 2/28/2026, while Unit A (Downstairs) is leased through 5/31/2025. With ample parking, a track record of rental success, and prime location, this is an investment opportunity you dont want to miss! Seller conducted a pre-listing inspection and many items were completed. Interested buyers can review with their agent.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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1,800SQFT
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$331$/SQFT
School Information
Description
Situated at the end of a private street, a quick walk of less than one mile from UVA Hospital and the UVA School of Medicine, 301 Paton St presents a rare investment opportunity in a high-demand rental market. With a strong rental history dating back to 2002, this versatile duplex offers the flexibility to rent both units or live in one while leasing the other. With a cabin look and surrounded by lush foliage, tenants rave about the surrounding nature - imagine spotting a baby deer right from your window! Each unit is individually metered for electricity, with shared water and septic. Zoned RN-A, there's potential to expand to six units on this .48-acre lot - buyers should verify all expansion opportunities with Charlottesville Zoning. Unit B (Upstairs) is leased through 2/28/2026, while Unit A (Downstairs) is leased through 5/31/2025. With ample parking, a track record of rental success, and prime location, this is an investment opportunity you dont want to miss! Seller conducted a pre-listing inspection and many items were completed. Interested buyers can review with their agent.
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 2025-03-24T21:12:53.49.