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1122, 1124 Preston Ave
Charlottesville, 22903

Charlottesville Country Property
$1,750,000 Percent Change: -8.57%


This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville’s most sought-after neighborhoods.

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19

Bedrooms

7276

Sq. Ft.

16

Bathroom

0

Acre(s)

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Property Details


Price History

  • Percent Change: -8.57%
    $1,900,000 → $1,750,000 on 01-08-2025
    $1,900,000 on 11-07-2024

Acreage & Description

  • Acreage: 0.38
  • Land Description:
  • Lot Features:
  • View Description:
  • Water Views:
  • Farm Improvements:
  • Farm Remarks:

The House

  • Year Home Built: 1935
  • Finished Square Feet: 7276
  • Unfinished Square Feet: 813
  • Bedrooms: 19
  • Bathrooms: 16 Full & 1 Half Baths
  • Foundation: Concrete Block,Concrete Slab

Utilities

  • Cable/Internet: Cable,Fiber-Optic
  • Cooling: Central AC,Heat Pump
  • Heating: Baseboard, Forced Air, Heat Pump
  • Water: Public Water
  • Sewer: Public Sewer

Schools

  • Elementary School: Jackson-Via
  • Middle School: Walker & Buford
  • High School: Charlottesville


Property Location

1122, 1124 PRESTON AVE CHARLOTTESVILLE, VA 22903

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