301 Paton Street A & B Charlottesville, VA 22903

$595,000
0.49
Acres
$595,000
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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 a cabin look 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! Seller conducted a pre-listing inspection and many items were completed. Interested buyers can review with their agent.,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 a cabin look 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! Seller conducted a pre-listing inspection and many items were completed. Interested buyers can review with their agent.,Formica Counter,Wood Cabinets

  • Neighborhood
  • Type
  • County
    Charlottesville City
  • Tax Amount
    $4,098
  • Status
    Active
  • Listing #
    661473
  • 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
  • Cul-De-Sac

Exterior features

  • No Pool

Interior Features

  • Carpet Floors

Style

  • Duplex
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Licensed REALTOR® in DC, MD, VA
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Darnell Eaton
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