Situated on a RARE nearly 1/2 acre lot, this brick two-unit income property on the Fontaine Avenue corridor has been consistently rented for just over 20 years. Within walking and biking distance of UVA Grounds, Scott Stadium, the UVA Medical Center, and Fontaine Research Park. The property is comprised of… Read More a 2,400 sqft 4 BR/2.5 BA main home with hardwood floors throughout and a wood-burning fireplace, as well as a self-contained 2BR/1BA apartment with its own living room and kitchen ? each unit separately metered. Units share laundry and can be combined into a single-family residence if preferred. Connected by a covered breezeway is the one-car garage with a bonus room and full bath above. Offstreet parking for 6+ vehicles. The property carries CX-5 (Corridor Mixed Use 5) zoning, designed to encourage higher-intensity, pedestrian-friendly development along key urban corridors. CX-5 permits unlimited residential density, mixed residential and commercial uses, and building heights up to five stories by right ? with no minimum lot size and no off-street parking requirements. Turnkey rental now and a fantastic opportunity for an investor with a longer horizon as the lot size and zoning create meaningful options.,Formica Counter,Painted Cabinets,Wood Counter,Fireplace in Living Room Read Less
Courtesy of GRIER MURPHY, NEST REALTY GROUP 434-566-0121
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residential
Beds
6
Full Baths
4
Partial Baths
1
Square Ft.
2,300
Lot Size
0.42 Acres
Year Built
1925
MLS Number
675672
Additional Details
Appliances & Equipment
Dryer, Washer
Basement
Outside Entrance, Partial
Building
Built in 1925, Living area: 2300, Levels: 2, Construction Materials: Brick
Cooling
Central A/C, Heat Pump(s)
Accessibility Features
None
Fireplaces
1 fireplace, Brick, Wood
Floors
Hardwood
Foundation
Brick/Mortar
Heating
Central
Lot
0.42 acres, Sloping, Open, Private
Property
Other structures: Above Grade, Below Grade, City, Garden/Lawn
Roof
Architectural Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $6,392.7, Year: 2025
Utilities
Water Source: Public
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