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$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.

Listed by NEST REALTY GROUP · JANICE KAVANAGH.

Listing information is provided by the CAAR-GAAR-HRAR MLS and is deemed reliable but not guaranteed. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.