0.49 Acres in Charlottesville, VA - $595,000
Detached - CHARLOTTESVILLE, VA
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...
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
Copyright © 2025 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Directions
From King St, there is a gravel side road almost directly across. Go down that gravel drive, down the hill. Make a right. House is last on left.
