Unit A & B 301 Paton St

Unit A & B 301 Paton St
Charlottesville, VA 22903
$595,000

4 bed
2.0 bath
1,800 sqft
0 acre lot

Situated at the end of a private street, a quick walk of less than one mile from UVA Hospital and the UVA School of Medicine, 301 Paton St presents a rare investment opportunity in a high-demand rental market. With a strong rental history dating back to 2002, this versatile duplex offers the flexibility to rent both units or live in one while leasing the other. With cabin appeal and surrounded by lush foliage, tenants rave about the surrounding nature – imagine spotting a baby deer right from your window! Each unit is individually metered for electricity, with shared water and septic. Zoned RN-A, there’s potential to expand to six units on this .48-acre lot – buyers should verify all expansion opportunities with Charlottesville Zoning. Unit B (Upstairs) is leased through 2/28/2026, while Unit A (Downstairs) is leased through 5/31/2025. With ample parking, a track record of rental success, and prime location, this is an investment opportunity you don’t want to miss! *Also listed under multi-family MLS# 661473 **Road Maintenance fee is once every 4 yrs

Days On Market
12
Price Per Sqft
$330.56
Year Built
1980
Stories
2
Listing Type
Detached
MLS ID
661631

Additional Information

Cooling
Wall Unit(s)
Heating
Baseboard
Construction
Block, T-111
Garage
No
Water
None
Has Hoa
No
HOA Price
$0

Schools

Elementary School
Johnson (charlottesville)
Middle School
Walker & Buford
High School
Charlottesville

Request Information on This Home

Listed by Exp Realty Llc - Fredericksburg.
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 2025-03-10 23:49:25


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