715 Prospect Ave, Charlottesville, VA 22903

Property Description

Permanently affordable 3BR/1.5BA renovated duplex offered through the Piedmont Community Land Trust (PCLT). This end-unit is just minutes from Downtown Charlottesville, UVA, and 5th Street Station, offering a rare chance at affordable homeownership in a prime location. A grant awarded to the Land Trust allows for a reduced sales price and deeper affordability. This is a PCLT permanently affordable resale—owner-occupants only; no investors. Updates include new vinyl plank flooring on the main level, refinished hardwood upstairs, fresh paint, modern kitchen with updated appliances, and refreshed bathrooms. Layout includes living, dining, laundry, and half bath on the main level, with three bedrooms and a full bath upstairs. Features central HVAC, off-street parking, and no HOA. Close to transit, parks, and services. Buyers must qualify under 80% AMI. Start by texting the listing agent for an initial call, then register with PCLT, confirm eligibility, get pre-approved with a preferred lender (see photo section), apply for down payment help if needed, tour the home, and submit an offer. Buyer must complete a Land Trust class before closing.