Presented By: LORING WOODRIFF REAL ESTATE ASSOCIATES
MLS# 657800
10/11/2024
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Home Details
This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!
Presented By: LORING WOODRIFF REAL ESTATE ASSOCIATES
Interior Features for 413 Valley Road Ext
Other Interior Features
Air Conditioning Y/NNo
BasementOutside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
General for 413 Valley Road Ext
AccessibilityNone
AppliancesWasher/Dryer Stacked
Architectural StyleOther
CityCHARLOTTESVILLE
Construction Completed Y/NNo
Construction MaterialsVinyl Siding
CoolingHeat Pump(s)
CountyCHARLOTTESVILLE CITY
DirectionsFrom UVA, left on Shamrock, left on Cherry Ave, left on Valley Road Ext, property is on the left.
DisclosuresProp Disclosure
Garage Y/NNo
Gross Income3725.00
HeatingHeat Pump(s)
ModificationTimestamp2025-03-01T14:07:32
New ConstructionNo
Number Of Units Total2
Operating Expense768.00
Other UnitsUnit 1, Unit 2
OwnerPaysTaxes - Real Estate
OwnershipOther
Price Per Sq Ft Total AG314.9
Property SubtypeDuplex
Property TypeMulti-Family
RoofComposite
School DistrictCHARLOTTESVILLE CITY PUBLIC SCHOOLS
Security FeaturesSmoke Detector
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Subdivision NameNONE AVAILABLE
Tax Annual Amount4620.0
Tax Year2024
Vacation Rental Y/NNo
Year Built2012
Year Built SourceEstimated
ZoningR-2
Exterior for 413 Valley Road Ext
Foundation DetailsSlab
Inclusionsdishwasher, el. range, microwave, refrigerator.
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