1. Virginia
  2. Charlottesville
  3. 1124 PRESTON AVE
$525,000

1124 PRESTON AVE, Charlottesville, VA 22903

  • 8 beds |
  • 6 baths |
  • 5,041 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 8 bedrooms and 5 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. 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. 1122 Preston Ave is for sale as well, and both properties can be purchased together in a combo deal.

Listing Status:
Active
Date Added:
April 28, 2025 at 05:00AM
Listing Office:
AVENUE REALTY, LLC : 4343265477
Listing Agent:
WILL NAFEI : 4342429471
MLS ID:
663809
  • General: Entry Level Bedroom
  • Rooms: Full BathHalf BathAdditional Bedroom
  • A/C: Central A/CHeat Pump(s)
  • Heating: YCentralForced Air
  • Disability Feature: None

This listing courtesy of WILL NAFEI, AVENUE REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Venable Elementary School

406 14th St NW, Charlottesville, VA, 22903

Grades PK-4

0.38 miles away

B

Buford Middle School

1000 Cherry Ave, Charlottesville, VA, 22903

Grades 7-8

1.19 miles away

C

Charlottesville High School

1400 Melbourne Rd, Charlottesville, VA, 22901

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.