Description
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
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
School Information
Description
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
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