Listed By:
LONG & FOSTER - CHARLOTTESVILLE WEST
Address
1040 Locust Ave, Charlottesville, VA
Price
$ 575,000
Property Attributes
  • MLS#651391
  • TypePending
  • CountyCHARLOTTESVILLE CITY
  • CityCharlottesville
  • NeighborhoodLocust Grove
  • Zip22901
  • Style
  • Year Built1963
  • Taxes$ 5669
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description

This brick home in the heart of Charlottesville features side-by-side 2 bedroom one bathroom homes. Each unit features hardwood floors throughout. Living room, dining room and kitchen on the main level with two bedrooms and full bath upstairs. Enjoy the outdoors on the screened porch each unit. Laundry room and lots of storage in the unfinished basement. Accessed from inside the home. Income producing rental could also be converted back to single family home. Each unit rents for $1400/mo. Lease ends 8/1 for Unit B and 9/1 for Unit A.,Formica Counter,Wood Cabinets,Bus on City Route

Elementary School Middle School High School
Burnley-Moran Elementary School Walker & Buford Middle School Charlottesville High School
Price History
4/5/2024 Listed $575,000

General Features

Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s)
Roof Architectural Shingle
Appliances Oven/Range - Electric,Refrigerator,Dryer,Washer/Dryer Hookups Only
Zoning R-3
Architectural Style Other
Construction Materials Brick
Year Built 1963
Tenant Pays Electricity,Gas,Common Area Maintenance,Trash Removal,Sewer,Water
Property SubType Duplex
Tax Year 2024
Percent Ownership Other
Gross Income 2800.00
OwnerPays Insurance,Management,Taxes - Real Estate
Accessibility None
County CHARLOTTESVILLE CITY
New Construction No
Property Type Multi-Family
Subdivision Name LOCUST GROVE
Garage Y/N No
Status PENDING
Directions 250 Bypass to Locust Ave Exit. Left on Locust Ave,home is on the Right.
ModificationTimestamp 2024-04-19T15:02:11
City CHARLOTTESVILLE
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure
Zoning Description Multifamily Residential
Total Units 2
Street Name LOCUST AVE
Tax Annual Amount 5669.76
Structure Type Twin/Semi-Detached
Other Units Unit 1,Unit 2
Price Per Sq Ft 294.87
Construction Completed Y/N No
Vacation Rental Y/N No
Virtual Tour https://mls.ricoh360.com/3fd59c25-fd7e-49ac-833d-11c8c1f09753
Days on Market 14
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Base

Interior Features

Basement Interior Access,Unfinished
Flooring Hardwood
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N No

Exterior Features

Water Source Public
Inclusions Refrigerator,range and dryer in both units. Washer in unit B
Foundation Details Block
Water View Y/N No
Lot Size Acres 0.16
Road Responsibility Public
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 22901

Price
AVG $760K
$580K
Taxes
AVG $16,121
$5,669
Visits
AVG 112
163
Data Provided by Inside Real Estate®
Year Built
AVG 1994
1963

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