$1,035,000
207 Douglas Ave
Charlottesville, VA 22902 · Belmont
6
beds
4
baths
2,777
sqft
About this home
Wonderful investment property in the heart of Belmont, tree lined streets and a fabulous restaurant scene. Large house has 3 separate apartments, all units have private entrances, their own electric meters and outdoor space. PLUS a custom built COTTAGE tucked on the back of this large landscaped lot, a total of 4 rentals. Live in the cottage and have 3 rentals, or remodel to a single family and keep cottage as rental. Cottage and two apartments are currently Furnished short term rentals (NOT Airbnb's) Tenants are travel nurses, UVA & working professionals. leases on Furnished have minimum of 90 day leases. New owners could turn all rentals into standard 12 month leases once existing leases expire. One water/sewer meter for the property, average water is $140-$150/month total for all the units. All leases convey and all furnishings in furnished units/cottage convey. There are 3 off street parking spots. Great location in Belmont, quiet street. Property has been well maintained, new roof on large main house July 2026, has an excellent rental history, never any vacancies. Premium location in Belmont!
Details
- Bedrooms
- 6
- Bathrooms
- 4
- Living area
- 2,777 sqft
- Price per sqft
- $373
- Lot
- 0.2 ac
- Year built
- 1945
- Type
- Residential
- Days on market
- 125
- MLS #
- 675173
Home details
Interior
- Heating
- Baseboard, Central Heat, Electric, Natural Gas
- Cooling
- Central AC, Heat Pump, Window Unit(s)
- Appliances
- Dishwasher, Eat-in, Electric Range, Microwave, Refrigerator
- Primary bedroom on main level
- Yes
Structure & exterior
- Roof
- Composition Shingle
Utilities
- Water & sewer
- Public Water, Public Sewer
Lot & HOA
- Lot size
- 0.2 acres
- Zoning
- R-3 Multif
- Subdivision
- Belmont
Schools
- Elementary: Summit
- Middle: Charlottesville Middle
- High: Charlottesville
Location & lot
Parcel boundaries and aerial imagery are from the Virginia Geographic Information Network (Virginia Base Mapping Program); flood zones are from the FEMA National Flood Hazard Layer. All are approximate, provided for general reference only, and are not a survey, a title document, or an official flood determination. Verify boundaries with a licensed surveyor and flood status at FEMA's Flood Map Service Center.