1012 ELLIOTT AVE, Charlottesville, VA 22902
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1012 ELLIOTT AVE, Charlottesville, VA 22902
1012 ELLIOTT AVE, Charlottesville, VA 22902
1012 ELLIOTT AVE, Charlottesville, VA 22902
1012 ELLIOTT AVE, Charlottesville, VA 22902
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Virginia Capital

Virginia Capital

+1(804) 440-4663
$ 549,000
Est. payment /mo
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1012 ELLIOTT AVE Charlottesville, VA 22902

1,790 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,790 sqft

Price per Sqft $306

Subdivision Belmont

MLS Listing ID 681453

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,900

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Property Description

Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit B generates $1,750/month and offers 2 bedrooms, 1 full bath, living room, large kitchen, and laundry. The oversized lot, rear alley access, large backyard, and rear deck add to the property's appeal and provide potential long-term upside. With two separately configured units, established rental income, and a desirable Belmont location, this property is an excellent addition to an investment portfolio or opportunity for an owner-occupant seeking rental income to help offset expenses. Rent to price ratio = .

Location

State VA

County Charlottesville

Zoning RB Residential-business district

Direction From downtown: Monticello South to right on Elliott. Home on Right.

Interior

Heating Forced Air

Cooling Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Appliance Dishwasher, Electric Range, Refrigerator

Laundry Stacked

Exterior

Utilities Available Cable Available, Fiber Optic Available

Water Access Desc Public

Roof Type Composition,Shingle

Road Frontage Public Road

Building

Foundation Block, Stone

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Summit

Middle Schools Charlottesville Middle

High Schools Charlottesville

Others

Tax ID 600145000

Virtual Tour https://youtu.be/5F-YE6p4d-g

CAAR - GAAR - HRAR
Listed by Equity Saver USA

Nearby Schools & Properties

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1012 ELLIOTT AVE

Virginia Capital

Virginia Capital

License ID: 0226018394

+1(804) 440-4663

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