$1,259,000
$100K PRICE DROP

Estimated payment $7,426/month

Total Views 20,252
-- Bed
-- Bath
2,777 Sq Ft
$453 Price per Sq Ft

Highlights

  • Front Porch
  • Wood Patio
  • Baseboard Heating
  • Charlottesville High School Rated A-
  • Forced Air Heating and Cooling System
  • Stacked Washer and Dryer

About This Home

LOCATION, LOCATION LOCATION-A Fantastic investment opportunity in Belmont. Property offers 3 units in the large house PLUS a one bedroom separate cottage built in 2015. Cottage plus 2 of 3 units in the main house are fully furnished, convey furnished with leases in place into spring 2026. Largest unit in the main house is a 12 month lease, unfurnished 2 bed/1bath unit, central HVAC, large front porch, original wood floors, W/D . Each Furnished unit has a designated off street parking spot. Live in one unit and have 3 investments rentals for yourself. OR convert main house to a single family and have the cottage for a rental, OR keep as is and have 4 highly desirable and rentable units with great rental history. Property is well maintained, will convey with leases in place into spring 2026. Square footage on the floor plans shows 2777 and that includes the 650sqft separate cottage. Property is in very good condition, all repairs/renovations were done by licensed professionals. Furnished rentals have quality furnishings, kitchenwares, each unit has their own stack Washer/Dryer. Super investment property in a highly desirable neighborhood.

Listing Agent

Janice Kavanagh

NEST REALTY GROUP License #0225089778 Listed on: 03/14/2025

NEST REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Triplex
  • Block Foundation

Interior Spaces

  • 2,777 Sq Ft Home
  • Insulated Windows
  • Tilt-In Windows
  • Window Screens
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Wood Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating

Community Details

  • 4 Units
  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 580339000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,427

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 580339000
  • Property Sub Type: Triplex
  • LotSizeAcres: 0.2
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 246
  • Subdivision Name: BELMONT
  • PropertySubTypeAdditional: Triplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Living Area: 2777.0
  • Window Features: Insulated Windows, Screens, Tilt-In Windows

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Composite, Front Porch, Porch, Wood

Utilities

  • Heating: Baseboard, Forced Air, Heat Pump, Natural Gas
  • Utilities: Cable Available, Fiber Optic Available
  • Sewer: Public Sewer
  • Laundry Features: Stacked
  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Summit
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Zoning Description: Medium Density Residentail District

Rental Info

  • Owner Pays: Common Area Maintenance, Management, Sewer, Taxes, Trash Collection, Water
  • LeaseAmount: 80000.0

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7427.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • HighSchool: Charlottesville

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,777 $781,800 $165,000 $616,800
2024 $7,777 $711,600 $150,900 $560,700
2023 $6,548 $670,100 $150,900 $519,200
2022 $6,137 $627,300 $132,800 $494,500
2021 $5,292 $544,900 $132,800 $412,100
2020 $5,292 $544,900 $132,800 $412,100
2019 $5,292 $544,900 $132,800 $412,100
2018 $2,767 $570,300 $121,600 $448,700
2017 $5,382 $554,400 $105,700 $448,700
2016 $4,721 $484,800 $96,100 $388,700
2015 $4,421 $470,700 $93,300 $377,400
2014 $4,421 $451,800 $88,900 $362,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $1,259,000 -7.4% $453 / Sq Ft
03/14/2025 03/14/25 For Sale $1,359,000 -- $489 / Sq Ft
Source: Charlottesville area Association of Realtors®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

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Source: Charlottesville area Association of Realtors®

MLS Number: 661905

Charlottesville area Association of Realtors®

APN: 580-339-000