1012 Elliott Ave , Charlottesville, VA 22902

$549,000
  • 1012 Elliott Ave , Charlottesville, VA 22902 Main Photo
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BEDS0 BATHS SQUARE FEET1,790 MLS#681453
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBELMONT

Property Description

Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit B generates $1,750/month and offers 2 bedrooms, 1 full bath, living room, large kitchen, and laundry. The oversized lot, rear alley access, large backyard, and rear deck add to the propertys appeal and provide potential long-term upside. With two separately configured units, established rental income, and a desirable Belmont location, this property is an excellent addition to an investment portfolio or opportunity for an owner-occupant seeking rental income to help offset expenses. Rent to price ratio = .

1012 Elliott Ave | MLS# 681453

This multi-family property located at 1012 Elliott Ave , Charlottesville, VA 22902 is currently listed for sale with an asking price of $549,000. Search Charlottesville real estate on www.amherstvirginiarealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Forced Air
Lot Size: 0.20 Acres
Roof Type: Composition, Shingle
Taxes: $3,900
Year Built: 1920

Feature Descriptions

Appliances: Dishwasher, Electric Range, Refrigerator
Exterior: Wood Siding
Flooring: Carpet, Laminate
Laundry: Stacked
Parcel#: 600145000
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Fiber Optic Available
Water: Public

Local Schools

High School: Charlottesville
Middle School: Charlottesville Middle
Elementary School: Summit

Listed By / Shown By

Listed By

Agency Name: Equity Saver USA
Agency Phone: 434-964-7283

Shown By

Agency Title: Montague Miller & Co. Realtors
Agency Phone: 800.793.5393

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Estimated Payment

$ 1,706.96 per month $1,221.84 Principal & Interest $325.00 Property Tax $160.13 Homeowner's Insurance

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