MLS# 639297 - 1700 Monticello Rd, Charlottesville, VA 22902

$750,000
Beds: 2
Bath: 1
Sqft: 1,020
Sqft lot: 18,295
Acre lot: 0.42
Est. $2,762 / mo.*
652 Days On Market

Courtesy of REAL ESTATE III, INC.

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Status: Active
Property Type: Detached
Year Built: 1935
Neighborhood: Belmont
Days On Website: 652

Property Details for 1700 Monticello Rd, Charlottesville, VA 22902

Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6-12 multi-family units for apartments or condos. The current residence is a traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, and outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.

Taxes

  • Year: 2024
  • Annual taxes: $3,987

Appliances & Equipment

  • Dryer Hookup
  • Washer Hookup

Basement

  • Yes

Bathrooms

  • 1 full bathroom
  • 1 bathroom

Bedrooms

  • 2 bedrooms

Building

  • Design: Ranch,Craftsman
  • 1 Story
  • 1,020 finished square feet
  • 1,954 total square feet
  • 934 unfinished square feet
  • Built in 1935

Cooling

  • Central AC

Exterior Features

  • Wood

Fireplaces

  • Wood Burning

Foundation

  • Concrete Block

Garage

  • 1-car garage

Heating

  • Central Heat
  • Forced Air
  • Natural Gas

Kitchen

  • Wood Cabinets

Listing

  • 652 days on the market

Location

  • Directions: 250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.
  • Subdivision: Belmont
  • City: Charlottesville

Lot

  • 0.42 acres
  • Yard Features: Landscaped,Mature,Nearly Level,Sunny
  • Garage
  • Pool
  • Nearly Level

Possession

  • Negotiable

Property

  • Mountain View

Roof

  • Architectural Style

Schools

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

Utilities

  • Electricity: Elec Above ground
  • Gas: Natural Gas
  • Water: Public Water

Map View

$750,000 - 1700 Monticello Rd, Charlottesville, VA 22902

Street View

Directions

1700 Monticello Rd
Charlottesville, VA 22902
Directions: 250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.