207 DOUGLAS AVE, Charlottesville, VA 22902

$1,495,000 Asking Price

6 beds
4 baths
2,500  sqft
Built in 1900

LOCATION, LOCATION, LOCATION! Three apartments in large house PLUS A DETACHED COTTAGE making a total of 4 RENTALS. COTTAGE is a successful short term rental on the back of the .20 acre landscaped lot. Cottage offers great privacy, one level living, laundry room, off street parking. Two of the three units in house are also short term rentals, nicely furnished,(will convey furnished)great for travel nurses/UVA professors (30-90 day leases),working professionals great rental history. The 4th unit a 2 bed/1 bath is rented unfurnished offers a nice large front porch, updated bath/kitchen, HVAC. All three FURNISHED rentals convey FULLY furnished (leases into spring 2025) each have one off street deeded parking spot. Property has been very well maintained. New City zoning, property allows up to 6 units By-Right, OR reconfigure to a single family keeping the Cottage as a rental. Walk to DT, Belmont Restaurants. Cottage was built in 2015 by Class A contractor w/permit. Many Updates & improvements in all units. Flat landscaped .20 acre lot, all units have great privacy, own entrances/porches, no shared mechanicals. Property has been successfully rented since 2014, guaranteed income into spring 2025 with leases in place. Excellent condition

Features & Amenities

Interior

Rooms:
|Full Bath1|Full Bath1|Full Bath1|Full Bath2|
Laundry:
Stack Unit
Flooring:
Hardwood,Vinyl
A/C:
Central AC,Heat Pump,Window Unit(s)
Heating:
Central Heat,Electric,Forced Air,Heat Pump,Natural Gas

Exterior

General:
Fiber Cement,Stucco

Construction

Roofing:
Composition Shingle
Windows:
9' Ceilings,Double-hung Windows,Insulated Windows,Screens,Tilt Sash Windows
General:
On Site Built, 2 Story, Brick,Concrete Block

Location

County:
Charlottesville

Lot

Zoning:
RB Residential-Business District, LOT 1 PAR Y BK 6 HADEN'S ADDITION, 580339000

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Exclusions:
Any items belonging to tenants, white swivel chair in cottage. All Bed linens/pillows and bath towels are property of tenants, and miscellaneous small kitchen appliances that are tenants. UNIT B porch furniture conveys.

This listing courtesy of:
NEST REALTY GROUP, JANICE K KAVANAGH

About Charlottesville, VA

Housing

Number of Units
55,792
Median Home Value
$393,379
Median Rent
$1,185

48.83% of housing units are renter occupied.

7.04% are vacant.

Commute

Car
56.57%
Public Transportation
3.15%
Walk to Work
5.07%
Work from Home
33.24%
Other
0.58%

The median travel time to work is 13 minutes.

People

Population
126,233
Median Age
37.20
Median Household Size
2.50

Education

High School
13.42%
Associate’s Degree
4.65%
Bachelor’s Degree
30.51%
Graduate Degree
29.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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