Five Petals


LOCATION, LOCATION, LOCATION! Three apartments in large house PLUS A DETACHED COTTAGE making a total of 4 RENTALS. COTTAGE is a successful short term rental on the back of the .20 acre landscaped lot. Cottage offers great privacy, one level living, laundry room, off street parking. Two of the three units in house are also short term rentals, nicely furnished,(will convey furnished)great for travel nurses/UVA professors (30-90 day leases),working professionals great rental history. The 4th unit a 2 bed/1 bath is rented unfurnished offers a nice large front porch, updated bath/kitchen, HVAC. All three FURNISHED rentals convey FULLY furnished (leases into spring 2025) each have one off street deeded parking spot. Property has been very well maintained. New City zoning, property allows up to 6 units By-Right, OR reconfigure to a single family keeping the Cottage as a rental. Walk to DT, Belmont Restaurants. Cottage was built in 2015 by Class A contractor w/permit. Many Updates & improvements in all units. Flat landscaped .20 acre lot, all units have great privacy, own entrances/porches, no shared mechanicals. Property has been successfully rented since 2014, guaranteed income into spring 2025 with leases in place. Excellent condition

REQUEST A SHOWING.

Call 434-981-4149 for assistance.

6

Bedrooms

2500

Sq. Ft.

4

Bathroom

0

Acre(s)

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Property Details

Property Information

REQUEST A SHOWING.
  • MLS #: 653854
  • Asking Price : $1,495,000
  • Original List Price: $1,595,000
  • Area: Charlottesville
  • Directions To This Property: Avon Street South to LEFT on HINTON, follow to Belmont restaurants and LEFT onto DOUGLAS AVE, follow DOUGLAS AVE to Property at the other end on LEFT. Park on the street.
  • Taxes: $6,760
  • Tax Year: 2024
  • Subdivision: BELMONT
  • HOA: No
  • HOA Includes:
  • Days On Market: 154

Price History

  • Percent Change: -6.69%
    $1,595,000 → $1,495,000 on 08-27-2024
    $1,595,000 on 06-10-2024

Acreage & Description

  • Property Name: Five Petals
  • Acreage: 0.20
  • Land Description:
  • View Description:
  • Water Views:
  • Fencing:
  • Farm Improvements:
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  • Farm Remarks:

The House

  • Year Home Built: 1900
  • Finished Square Feet: 2500
  • Unfinished Square Feet: 0
  • Bedrooms: 6
  • First Floor Master: Yes
  • Bathrooms: 4 Full
  • Fireplace Location:
  • Floors: Hardwood, Vinyl
  • Exterior: Fiber Cement,Stucco
  • Roof: Composition Shingle
  • Foundation: Brick,Concrete Block

Utilities

  • Cable/Internet: Cable,Fiber-Optic
  • Cooling: Central AC,Heat Pump,Window Unit(s)
  • Heating: Central Heat, Electric, Forced Air, Heat Pump, Natural Gas
  • Water: Public Water
  • Sewer: Public Sewer

Schools

  • Elementary School: Summit
  • Middle School: Walker & Buford
  • High School: Charlottesville


Contact Information

Property Location

207 DOUGLAS AVE CHARLOTTESVILLE, VA 22902

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