1122 Preston Ave, Charlottesville VA 22903

  • $1,050,000
  • MLS #:663807

Neighborhood: None
Square Ft Finished: 5,921
Square Ft Unfinished: 0
Elementary School: Jackson-Via
Middle School: Walker & Buford
High School: Charlottesville

Property Type: residential
Subcategory: Detached
HOA: No
Area: Charlottesville
Year Built: 1935
Price per Sq. Ft: $177.33
1st Floor Master Bedroom: Yes
HOA fee: $0
Stories: 2 Story
Garage Num Cars: 0.0
Cooling: Central AC, Heat Pump
Air Conditioning: Central AC, Heat Pump
Heating: Forced Air
Water: Public Water
Sewer: Public Sewer
Basement: No
Kickout: No
Annual Taxes: $6,832
Tax Year: 2024
Legal: PARCEL B PRESTON
Directions: From preston at barracks, go towards rose hill. Home is on right
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 11 bedrooms and 11 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 for both buildings. 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. 1124 Preston Ave is for sale as well, both properties can be bought together in a combo deal.

Days on Market: 3
Updated: 4/28/25
Courtesy of: Avenue Realty, Llc

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Directions:
From preston at barracks, go towards rose hill. Home is on right
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Listing Office: Avenue Realty, Llc