1700 Monticello Rd
Charlottesville, VA 22902
$740,000

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 multi-family units for apartments or condos. The current residence is 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, outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.

Days On Market

Price Per Sqft

$725.49

Year Built

1935

Stories

Listing Type

Detached

MLS ID

659753

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

Summit

Middle School

Walker & Buford

High School

Charlottesville

Request Information on This Home

Listed by Real Estate Iii, Inc..
Copyright Charlottesville Area Association of Realtors®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on 2025-02-06 20:08:22