Unit A & B 301 PATON Street A & B Charlottesville, VA 22903

$595,000
4
Beds
2
Baths
0.49
Acres
1,800
SQFT
331
$/SQFT
$595,000
4
Beds
2
Baths
1,800   sf
$331 / sf
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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,Formica Counter,Wood Cabinets

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,Formica Counter,Wood Cabinets

  • Neighborhood
  • Type
  • Total Baths
  • County
    Charlottesville City
  • Tax Amount
    $4,098
  • Status
    Active
  • Listing #
    661631
  • Built
    1980
  • Lot Size
    0.49
  • Listed on site
    7 days
  • Listing Agent Id
    304623898844

Listed by:
Exp Realty Llc - Fredericksburg

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

View

  • City view

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
  • Main Floor Bedroom
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Licensed REALTOR® in DC, MD, VA
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Darnell Eaton
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