413 Valley Road Ext, Charlottesville, VA 22903
- $655,000
- 2,080
- SqFt
- Sold Price
- $655,000
- List Price
- $655,000
- Status
- CLOSED
- MLS#
- 657800
- Closing Date
- Mar 31, 2025
- Living Area
- 2,080
- Lot Size
- 9,147
- Year Built
- 2012
- Subdivision
- Fry'S Spring
- Region
- Charlottesville
Property Description
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!
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Additional Information
- Heating
- Heat Pump
- Roof
- Composition, Shingle
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Tall Oaks
- Middle School
- Charlottesville Middle
- High School
- Charlottesville
Mortgage Calculator
Listing courtesy of LORING WOODRIFF REAL ESTATE ASSOCIATES. Selling Office: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY.