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