1700 Monticello Rd
Charlottesville, VA 22902
$750,000

2 bed
1.0 bath
1,020 sqft
0 acre lot

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

594

Price Per Sqft

$735.29

Year Built

1935

Stories

Listing Type

Detached

MLS ID

639297

Region

Charlottesville

City

Charlottesville

Community

Belmont

Additional Information

Cooling

Central AC

Heating

Central Heat, Forced Air, Natural Gas

Construction

Wood

Garage

1 Car

Has Hoa

HOA Price

Schools

Elementary School

Clark

Middle School

Walker & Buford

High School

Charlottesville

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