716 1ST STREET, Charlottesville, VA 22902

$625,000 Asking Price

4 beds
3 baths
1,787  sqft
Built in 1930

This is a recently renovated Duplex 3 blocks from the Charlottesville downtown mall. Everything is new as of 2019. Property backs up to IX, and is on public transportation route. Consists of 1785 total finished sq ft. Upper unit is 750 sq ft, bottom unit is 1035. Unfinished small basement Upper 2 bedroom unit with 1 full bath, full kitchen and living room has both front and back decks. Also a washer and dryer. Unit has been rented for 5 years since renovation. Present rent is $1,575, soon to be raised this July to $1,625. First level is a larger 2 bedroom 1&1/2 bath. Large living room, full kitchen, study nook, Laundry room with W/D. Basement is small and unfinished but dry for storage. First floor Unit also has a large front and back deck. Off street parking lot in back for 4 cars. Google the address to confirm rent now being advertised at $1,875, and see pics of lower unit That unit turns over in July, but could be moved into now because renter had to move out of town before lease was up. Still paying rent through June. Great situation fit a buyer who would want to live on first floor and use rent from other unit to help pay mortgage


Features & Amenities

Interior

Rooms:
Living Room,Bedroom 2,Kitchen,Bedroom 1,Study,Laundry,Full Bath,Half Bath
Basement:
Connecting Stairway
Flooring:
Carpet,Laminated
A/C:
Central A/C
Heating:
Y, Forced Air, Electric
Disability Feature:
2+ Access Exits,Level Entry - Main,Other

Exterior

General:
Above Grade
Style:
Colonial

Construction

Roofing:
Shingle
General:
Frame,Vinyl Siding, 3, Permanent

Location

Originating MLS:
BRIGHT_MAIN
School District:
ALBEMARLE COUNTY PUBLIC SCHOOLS
County:
ALBEMARLE

Lot

Zoning:
RD, NO TAX RECORD

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
NetRealtyNow.com, LLC, Thomas S Hennerty

About Charlottesville, VA

Housing

Number of Units
55,792
Median Home Value
$393,379
Median Rent
$1,185

48.83% of housing units are renter occupied.

7.04% are vacant.

Commute

Car
56.57%
Public Transportation
3.15%
Walk to Work
5.07%
Work from Home
33.24%
Other
0.58%

The median travel time to work is 13 minutes.

People

Population
126,233
Median Age
37.20
Median Household Size
2.50

Education

High School
13.42%
Associate’s Degree
4.65%
Bachelor’s Degree
30.51%
Graduate Degree
29.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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