Residential

1700 Monticello Rd, Charlottesville VA 22902

  • $750,000
  • MLS #:639297
  • 2beds
  • 1baths
  • 0half-baths
  • 1,020sq ft
  • 0.42acres
Neighborhood: Belmont
Square Ft Finished: 1,020
Square Ft Unfinished: 934
Elementary School: Summit
Middle School: Walker & Buford
High School: Charlottesville
Property Type: residential
Subcategory: Detached
HOA: No
Area: Charlottesville
Year Built: 1935
Price per Sq. Ft: $735.29
1st Floor Master Bedroom: Yes
HOA fee: $0
Stories: 1 Story
View: Mountain View
Design: Ranch, Craftsman
Roof: Architectural Style
Yard: Landscaped, Mature, Nearly Level, Sunny
Land Description: Nearly Level
Garage Num Cars: 1.0
Electricity: Elec Above ground
Cooling: Central AC
Air Conditioning: Central AC
Heating: Central Heat, Forced Air, Natural Gas
Gas: Natural Gas
Water: Public Water
Sewer: Public Sewer
Basement: Yes
Fireplace Type: Wood Burning
Kitchen Features: Wood Cabinets
Laundry: Dryer Hookup, Washer Hookup
Possession: Negotiable
Kickout: No
Annual Taxes: $3,987
Tax Year: 2024
Legal: Lot 6, Block 23, Carlton
Directions: 250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.
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.
Days on Market: 623
Updated: 11/13/24
Courtesy of: Real Estate Iii, Inc.
Price Reduced

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Directions:
250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.
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Listing Office: Real Estate Iii, Inc.