413 Valley Road Ext
Charlottesville, VA 22903
- – beds
- – baths
- – sqft
- 2012 build
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!
Listing courtesy of BRIGHT / LORING WOODRIFF REAL ESTATE ASSOCIATES
Last checked:
Checking…
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Last updated Nov 24, 2024
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MLS# 657800 —
The Building
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Year Built:2012
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Year Built Source:Estimated
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New Construction:No
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Construction Completed:No
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Construction Materials:Vinyl Siding
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Building Units Total:2
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Roof:Composite
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Security Features:Smoke Detector
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Accessibility Features:None
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Foundation Details:Slab
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Basement:Yes
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Basement Type:Outside Entrance
Interior
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Flooring Type:Carpet, Vinyl
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Fireplace:No
Financial & Terms
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Sale Type:Standard
Location
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Directions:From UVA, left on Shamrock, left on Cherry Ave, left on Valley Road Ext, property is on the left.
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Latitude:38.02581800
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Longitude:-78.50403000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Acres:0.21
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Lot Features:Other
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Inclusions:dishwasher, el. range, microwave, refrigerator.
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Zoning:R-2
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Zoning Description:Two Family Residential
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Road Responsibility:Public
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Water View:No
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Water Oriented:No
Listing Agent
- Contact info:
- Agent phone:
- (434) 989-1559
- Office phone:
- (434) 977-4005
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,620
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling:No
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Cooling Type:Heat Pump(s)
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Central Air:No
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Heating:Yes
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Heating Type:Heat Pump(s)
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Washer/Dryer Stacked
Schools
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Elementary School:Johnson
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Middle School:Walker & Buford
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High School:CHARLOTTESVILLE
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School District Name:Charlottesville City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
Parking
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Garage:No
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/24/24
Nov 24, 2024
|
Price Changed | BRIGHT | $665,000 | -0.7% |
11/8/24
Nov 8, 2024
|
Price Changed | BRIGHT | $670,000 | -0.7% |
10/11/24
Oct 11, 2024
|
Listed / Active | BRIGHT | $675,000 | 40.6% |