CALL: 434-987-2456
CONTACT: Mackenzie Davis

716 S 1st St, Charlottesville VA 22902

  • $725,000
  • MLS #:666419
  • 4beds
  • 2baths
  • 1half-baths
  • 1,848sq ft
  • 0.18acres
Neighborhood: None
Square Ft Finished: 1,848
Square Ft Unfinished: 325
Elementary School: Trailblazer
Middle School: Walker & Buford
High School: Charlottesville
Property Type: residential
Subcategory: Detached
HOA: No
Area: Charlottesville
Year Built: 1925
Price per Sq. Ft: $392.32
1st Floor Master Bedroom: No
HOA fee: $0
Stories: 2 Story
View: Residential View
Water View: None
Design: Colonial
Roof: Composition Shingle
Yard: Mature, Sunny
Windows/Ceiling: Vinyl Clad Windows
Garage Num Cars: 0.0
Electricity: Elec Above ground
Cooling: Heat Pump
Air Conditioning: Heat Pump
Heating: Heat Pump
Water: Public Water
Sewer: Public Sewer
Basement: Yes
Kitchen Features: Formica Counter, Wood Cabinets
Laundry: Stack Unit, Stack Unit Hookup
Possession: Settlement
Kickout: No
Annual Taxes: $3,031
Tax Year: 2025
Legal: Lot
Directions: From McIntire, left on Oak Street, right on 1st, property on left
Don't miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.
Days on Market: 1
Updated: 7/02/25
Courtesy of: Assist2sell - First Rate Realty, Inc.
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Directions:
From McIntire, left on Oak Street, right on 1st, property on left
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Listing Office: Assist2sell - First Rate Realty, Inc.