This Multifamily Property is no longer advertised on LoopNet.com.

2228 Center Ave
Charlottesville, VA 22903
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Duplex Located 3-Minutes From University Of Virginia In Charlottesville, Virginia.
  • Each Unit Is Two Stories And Is Comprised Of Four-Bedrooms And Four-Bathrooms with 1,800 Rentable Square Feet
  • Voted The 2nd Best Place To Live In Virginia, Charlottesville Has An Airport, Hospitals, Big Box Retail, And Entertainment. 101 Westerly Has Proximity
  • The Property Has Benefitted From An Approximate $400,000 Renovation Plan In 2020 After Being Completely Rebuilt As A Four Story Over/Under Duplex
  • Turnkey Property With Minimal Deferred Maintenance Allowing A New Investor To Passively Collect Income
  • Can Be Purchased Individually or As A Portfolio With 606 Gillespie And 101 Westerly Avenue

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 3,600 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1961/2020
Zoning R-A

Amenities

Unit Amenities

  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+4 2 $3,470 1,800

Property Taxes

Property Taxes

Parcel Number
220-102-000
Land Assessment
$145,600
Improvements Assessment
$635,800
Total Assessment
$781,400
  • Listing ID: 32835468

  • Date on Market: 8/16/2024

  • Last Updated:

  • Address: 2228 Center Ave, Charlottesville, VA 22903

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