Change Real Estate Presents:

716 S 1st St
Charlottesville VA 22903

For Sale: $697,500.00 Off Market

List Date: 2025-07-02

Charlottesville

About This Property

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.,Formica Counter,Wood Cabinets,Bus on City Route

Listing Agent: AUDREY BADGETT. ASSIST2SELL - FIRST RATE REALTY, INC. 434-996-8688 abadgett96@gmail.com

Property Features

Location Information
County:
Subdivision: NONE AVAILABLE
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Interior Features
Appliances: Washer/Dryer Stacked, Washer/Dryer Hookups Only
Interior:
Laundry:
Furnished: None
Flooring: Carpet, Laminated
Water: Public
Cooling: Heat Pump(s)
Heating: Heat Pump(s)
Fireplaces: None
Windows: Vinyl Clad
Utilities: Electric Available
Sewer: Public Sewer
Exterior Features
Year Built: 1925
Subdivision Name: None Available
Schools
Elementary School: None
Junior High School: Walker & Buford
High School: Charlottesville

IDXListing Courtesy of AUDREY BADGETT. ASSIST2SELL - FIRST RATE REALTY, INC. 434-996-8688 abadgett96@gmail.com

Property Photos [Click to enlarge]

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