606 Gillespie Ave | Charlottesville, VA 22902
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- LoopNet Team
606 Gillespie Ave
Charlottesville, VA 22902
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 6-Unit Multifamily Asset Located 3-Minutes From University Of Virginia In Charlottesville, Virginia.
- Unit Mix Consist Of 5 One-Bedroom/One-Bathroom Units And One Three-Bedroom/Two-Bathroom Cottage Primed for Continued Renovation
- Can Be Purchased Individually or As A Portfolio With 2228 Center Avenue And 101 Westerly Avenue
- In 2016, 606 Gillespie Received New HVAC, Roof, Craw Space Remediation And Insulation Along With Major Interior Renovations On The Three-Bedroom/Two-B
- Voted The 2nd Best Place To Live In Virginia, Charlottesville Has An Airport, Hospitals, Big Box Retail, And Entertainment. 101 Westerly Has Proximity
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 5,166 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1875/2016 |
| Zoning | CX-5 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 5,166 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1875/2016 |
| Zoning | CX-5 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $1,305 | - |
| 3+2 | 1 | $1,840 | - |
PROPERTY TAXES
| Parcel Number | 500-091-000 | Improvements Assessment | $459,000 |
| Land Assessment | $205,800 | Total Assessment | $664,800 |
PROPERTY TAXES
Parcel Number
500-091-000
Land Assessment
$205,800
Improvements Assessment
$459,000
Total Assessment
$664,800
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