$675,000
Units: 2
25 Days On Market

Courtesy of LORING WOODRIFF REAL ESTATE ASSOCIATES

Property Type: Duplex Side/side
Status: Active
Year Built: 2012
Neighborhood: Fry's Spring
Days On Website: 25

Property Details for 413 Valley Road Ext, Charlottesville, VA 22903

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!

Listing

  • Listed on 2024-10-11
  • Gross rent: $3,725
  • 26 days on market
  • $325 per square foot

Location

  • Area: Charlottesville
  • Directions: From UVA, left on Shamrock, left on Cherry Ave, left on Valley Road Ext, property is on the left.
  • Subdivision: FRY'S SPRING

Unit One

  • Type: 3 Bed Apt
  • 1 unit of this type
  • 3 bedrooms
  • 2 bathrooms
  • 1,040 square feet

Unit Two

  • Type: 3 Bed Apt
  • 1 unit of this type
  • 3 bedrooms
  • 2 bathrooms
  • 1,040 square feet

Building

  • Built in 2012
  • 2,080 finished square feet
  • 2 total units

Property Access

  • Public Road

Exterior Features

  • Vinyl

Floors

  • Carpet
  • Vinyl
  • Luxury Vinyl Plank

Foundation

  • Concrete Slab

Basement

  • Outside Entrance

Laundry

  • Stack Unit

Roof

  • Composition Shingle

Security Features

  • Smoke Detector(s)

Heating

  • Heat Pump

Water Features

  • Public Water

Property

  • Land description: Elevated
  • R-2 Two Family Residential

Lot

  • 0.21 acres

Schools

  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville

Sewer

  • Public Sewer

Taxes

  • Annual taxes: $4,620

Map View


$675,000 - 413 Valley Road Ext, Charlottesville, VA 22903

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413 Valley Road Ext
Charlottesville, VA 22903
Area: Charlottesville