1122, 1124 PRESTON AVECHARLOTTESVILLE, VA 22903

  • $1,900,000
  • $261 / SqFt
  • Days on Market 36
  • MLS# 658570
19 Beds
16 Baths
1 ½ Baths
7276 SQFT
0.38 Acres
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School Information

  • Elementary: Jackson-Via
  • Middle School: Walker & Buford
  • High School: Charlottesville

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 19 bedrooms and 16.5 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.

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