207 DOUGLAS AVE, CHARLOTTESVILLE, VA 22902

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$1,259,000

bedrooms

bathrooms

square feet

2,777

Acreage

0.2

Open Houses

year built

1900

Full Baths

Half Baths

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LOCATION, LOCATION LOCATION and a Fantastic investment opportunity in Belmont. Property offers 3 units in the large house PLUS a one bedroom separate cottage built 2015. Cottage and 2 of the 3 units in the main house are fully furnished, convey furnished with leases in place into fall 2025. Largest unit in the main house is a 12 month, unfurnished 2 bed/1bath unit, central HVAC. 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. City's new higher density zoning allows for up to 6 units on this lot, by-right. Property is well maintained, will convey with leases in place into fall 2025. 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.

Location
Subdivision	BELMONT
County	Charlottesville
Elementary School	Summit
Middle School	Walker & Buford
High School	Charlottesville

Exact location data not provided

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Open houses

None scheduled.

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MLS number: 661905

Listing agent: Janice Kavanagh #0225089778

Listing broker: Nest Realty (434) 566-0121

Copyright © 2025 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 30 2025 at 6:09 a.m. EDT

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