1124 Preston Ave, CHARLOTTESVILLE

$525,000

8 Beds
5½ Baths
5,041 Sqft
.38 Acres
0 Garages

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.

Essential Information
MLS® #663809
Price$525,000
Bedrooms8
Bathrooms5.50
Full Baths5
Half Baths1
Square Footage5,041
Acres0.38
Year Built1935
TypeResidential
Sub-TypeDetached
StyleOther
StatusActive
Community Information
Address1124 Preston Ave
SubdivisionNONE AVAILABLE
CityCHARLOTTESVILLE
CountyCHARLOTTESVILLE CITY-VA
StateVA
Zip Code22903
Amenities
AmenitiesEntry Lvl BR
Interior
HeatingCentral, Forced Air
CoolingCentral A/C, Heat Pump(s)
# of Stories2
Stories2 Story
Exterior
FoundationBlock
School Information
ElementaryJACKSON-VIA
MiddleWALKER & BUFORD
HighCHARLOTTESVILLE
District

CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Additional Information
ZoningR-2
Listing Details
OfficeAVENUE REALTY, LLC
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Listing information last updated on April 29th, 2025 at 10:30pm EDT.

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