Two-Family w/Parking Downtown!

413 2nd St NE, Charlottesville, VA 22902

$1,850,000 After Repair Value -
$1,850,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $1,850,000

After Repair Value $1,850,000

Costs of Repairs $0

Potential Profit $0

Living Area 4400 ft2

Property Type Multi-Family

Bedrooms 5

Bathrooms 5

Half Bathrooms 1

Parking 1

Listed with Agent Yes

Property Description

Vintage home meticulously restored and modernized. Three-floor upper level has 3 bedrooms, 3 1/2 baths, washer/dryer, 2 fireplaces. Lower-level apartment has full-sized windows, 2 bedrooms, 2 full baths, washer/dryer. Outdoor private patio, 1st floor screened porch, 2nd floor deck and off-street parking. Lower-level apartment rental income = $31,200 per year. Parking rental = $2,400 per year. Rental incomes effectively reduce the overall cost of this property by 1/3!


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