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1700 Monticello Rd
Charlottesville, 22902

Charlottesville Country Property
$750,000 Percent Change: -6.53%


Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6-12 multi-family units for apartments or condos. The current residence is a traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, and outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.

REQUEST A SHOWING

2

Bedrooms

1020

Sq. Ft.

1

Bathroom

0

Acre(s)

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Property Details


Price History

  • Percent Change: -6.53%
    $799,000 → $750,000 on 07-23-2024
    Percent Change: -1.38%
    $810,000 → $799,000 on 05-28-2024
    $810,000 on 03-09-2023

Acreage & Description

  • Acreage: 0.42
  • Land Description: Nearly Level
  • Lot Features: Public Road, Sidewalks
  • View Description: Mountain View
  • Water Views:
  • Farm Improvements:
  • Farm Remarks:

The House

  • Year Home Built: 1935
  • Finished Square Feet: 1020
  • Unfinished Square Feet: 934
  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Foundation: Concrete Block

Utilities

  • Cable/Internet: Cable,DSL,Fiber-Optic
  • Cooling: Central AC
  • Heating: Central Heat, Forced Air, Natural Gas
  • Water: Public Water
  • Sewer: Public Sewer

Schools

  • Elementary School: Summit
  • Middle School: Walker & Buford
  • High School: Charlottesville


Property Location

1700 MONTICELLO RD CHARLOTTESVILLE, VA 22902

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Copyright ©2024 Charlottesville Area Association of Realtors®. All rights reserved. The information provided here is considered reliable but not guaranteed. Real estate data on this website is partially sourced from the IDX Program of the Charlottesville Area Association of Realtors®. While the listing broker strives to ensure accuracy, buyers should verify all details independently. Any use of the site’s search functions or data, except by individuals interested in purchasing real estate, is prohibited. The listing firm for this property is REAL ESTATE III, INC. 434-960-5501.