$500,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
2,827 SqFt
SOLD DATE : 03/12/2025
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,827 sqft
Price per Sqft $176
Subdivision None Available
MLS Listing ID 660236
Sold Date 03/12/25
Style Ranch/Rambler
Bedrooms 7
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,294
Originating Board CAAR
Year Built 1960
Annual Tax Amount $3,980
Tax Year 2024
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Detached
Property Description
Seize this unique chance to own a duplex that serves as a home and generates income. Live in one unit while renting out the other, using the rental income to help qualify for your mortgage. Experience the best of both worlds?homeownership and investment! Financing options for owner-occupied are available with as little as zero money down or just 3.5% down, with monthly payments starting as low as$2,200 for qualifying borrowers with rental income that can offset the payment. Also, consider converting to condos and selling separately (with city approval). This all-brick duplex offers generous square footage, featuring Unit A with four bedrooms and two full baths and Unit B with three bedrooms and two bathrooms. Both units also include a full basement for additional storage or living space. Situated on a corner lot, this property provides off-street parking and convenient access to all Charlottesville offers. Don?t miss out on this incredible investment opportunity! Unit A has 1680 sqft finished/614 Unfinished/ Unit B has 1147 sqft finished/1147 unfinished for 4,588 sqft of finished and unfinished space!,Formica Counter,Wood Cabinets
Location
State VA
County Charlottesville City
Zoning R-1
Rooms
Other Rooms Living Room, Kitchen, Laundry, Full Bath, Additional Bedroom
Basement Full, Heated, Interior Access, Outside Entrance, Partially Finished, Unfinished, Walkout Level
Main Level Bedrooms 6
Interior
Interior Features Entry Level Bedroom
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Hardwood, Vinyl
Equipment Washer/Dryer Hookups Only
Fireplace N
Appliance Washer/Dryer Hookups Only
Exterior
Utilities Available Electric Available
View Other
Roof Type Composite
Accessibility None
Garage N
Building
Lot Description Sloping
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Greenbrier
Middle Schools Walker & Buford
High Schools Charlottesville
School District Charlottesville City Public Schools
Others
Ownership Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with SHAWN MURPHY • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1244 West Chester Pike, Suite 409, West Chester, Pennsylvania, 19382, USA