$9,203
closing credit¹
1001 Avon St Unit A, B, C Garage, Charlottesville, VA 22902
Property details
About 1001 Avon St Unit A, B, C
Rare Investment Opportunity with multiple upsides! Belmont location with Downtown Mall walkability. Gross rent $48,900/year from 3 apartments, not including the potential garage rental income. Seller's NOI 40k/yr. Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018 and surge protectors 2024 throughout, refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); all new paint (2023); removal of kitchen electric wall heater (2024). This corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. City alley access as well. Nearly zero vacancy. Rents easily!,Bus on City Route
Highlights
(ACTIVE)
Summary
- MLS Number: 660594
- MLS Name: CAAR
- Office Name: NEST REALTY GROUP
- Office Phone: (434) 566-0121
- Office Email: keith@nestrealty.com
- Listing Agent: KELLY C. LINDAUER
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Last updated on: 2/13/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$775,000
1001 Avon St Unit A, B, C
$9,203
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Clark Elementary School
Public District PK-4
0.4 mi
•1000 Belmont Ave
4
Jackson-Via Elementary School
Public District PK-4
1.4 mi
•508 Harris Rd
4
Burnley-Moran Elementary School
Public District PK-4
1.4 mi
•1300 Long St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,364. Most Garage, Charlottesville, VA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Yoga/pilates
Pro Boxing
Figure Skating
Where do the neighbors shop?
H&M
Burlington
Family Dollar
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Church's Chicken
What do the neighbors drive?
Audi
Dodge
Cadillac
What do the neighbors listen to?
Alternative
Urban Contemporary
Jazz
This home is located at 1001 Avon St Unit A, B, C in Garage, Charlottesville, VA and zip code 22902 in the Belmont neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $775,000.
In January 2025, from all listings sold in Garage, Charlottesville, VA there were more than 12 sold above asking price, over 37 sold below and more than 25 were sold right at the asked price. The number of listings in Garage, Charlottesville, VA decreased by 12.9% between December and January 2025. The median list price of listings available in January 2025 was $528,337, while the average time on the real estate market was 40 days.