
1122, 1124 Preston Ave
Charlottesville, 22903
c.1935 Historic Home
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville’s most sought-after neighborhoods.
REQUEST A SHOWING19
Bedrooms
7276
Sq. Ft.
16
Bathroom
0
Acre(s)
Property Photos
Property Details
historic home Information
- Property Name:
- Address: 1122, 1124 PRESTON AVE
- Town: Charlottesville, 22903
- County: Charlottesville
- MLS #: 658570
- Asking Price: $1,675,000
- Original List Price: $1,900,000
- Taxes: $10,643
- Tax Year: 2024
- Subdivision: NONE
- Days On Market: 145
Price History
- ↓ Percent Change: -4.48%$1,750,000 → $1,675,000 on 03-03-2025↓ Percent Change: -8.57%$1,900,000 → $1,750,000 on 01-08-2025$1,900,000 on 11-07-2024
Land Information
- Acreage: 0.38
- Land Description:
- Lot Features:
- View Description:
- Water Views:
- Farm Improvements:
- Farm Remarks:
The House
- Year Built: 1935
- Finished Square Feet: 7276
- Unfinished Square Feet: 813
- Bedrooms: 19
- Bathrooms: 16 Full & 1 Half Baths
- Foundation: Concrete Block,Concrete Slab
Utilities
- Cable/Internet: Cable,Fiber-Optic
- Cooling: Central AC,Heat Pump
- Heating: Baseboard, Forced Air, Heat Pump
- Water: Public Water
- Sewer: Public Sewer
Contact Information
- Contact Bridget Archer at McLean Faulconer, Inc.
- Request Information
- Listing Firm: AVENUE REALTY, LLC434-242-9471
Location
1122, 1124 PRESTON AVE CHARLOTTESVILLE, VA 22903
Nearby Historic Homes
Copyright ©2024 Charlottesville Area Association of Realtors®. All rights reserved. The information provided here is considered reliable but not guaranteed. Real estate data on this website is partially sourced from the IDX Program of the Charlottesville Area Association of Realtors®. While the listing broker strives to ensure accuracy, buyers should verify all details independently. Any use of the site’s search functions or data, except by individuals interested in purchasing real estate, is prohibited. Listing courtesy of AVENUE REALTY, LLC 434-242-9471.