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716 1ST ST S

CHARLOTTESVILLE, VA 22903
  • $697,500
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 666422
UPDATED: 53 min ago
$697,500
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,848
    SQFT
  • $377
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925

School Information

Elementary School:
Middle School:
High School:

Description

Don't miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.

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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 2025-12-14T10:12:33.38.
www.klineandcorealestate.com/homes/165485490
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716 1ST ST S CHARLOTTESVILLE, VA 22903

  • Price: $697,500
  • Status: Active
  • On Site: 164 Days
  • Updated: 53 min ago
  • MLS #: 666422
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,848
SQFT
$377
$/SQFT
1925
Built
Neighborhood:
None
Area:
Charlottesville
Elementary School:
Trailblazer
Middle School:
Walker & Buford
High School:
Charlottesville
Property Description
Don't miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.
Exterior Features

Architectural Style Colonial Construction Materials Stucco Foundation Details Block Slab Patio And Porch Features Composite Deck Front Porch Porch Roof Composition Shingle View Residential

Interior Features

Appliances Dishwasher Electric Range Refrigerator Basement Interior Entry Sump Pump Unfinished Basement YN Yes Cooling Heat Pump Cooling YN Yes Flooring Carpet Laminate Heating Heat Pump Heating YN Yes Laundry Features Washer Hookup Dryer Hookup Stacked Window Features Vinyl

Property Features

Association YN No Community Features None Public Transportation Lease Amount 3630 Lease Considered YN No New Construction YN No Owner Pays Sewer Water Possession Close Of Escrow Subject To Tenant Rights Property Sub Type Duplex Property Sub Type Additional Multi Family Sale Or Lease Indicator For Sale Sewer Public Sewer Tax Annual Amount 3030.92 Tax Year 2025 Tenant Pays Electricity Insurance Sewer Trash Collection Water Utilities Cable Available Fiber Optic Available High Speed Internet Available Water Source Public Zoning Description Node Mixed Use

Listing provided courtesy of ASSIST2SELL - FIRST RATE REALTY, INC.: 434-979-1223.


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 2025-12-14T10:12:33.38.
 
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Kline & Co Real Estate
2503 Jefferson Highway
Waynesboro VA, 22980