606 Gillespie Ave, Charlottesville, VA 22902
6 Unit Apartment Building | $950,000 ($158,333/Unit) | 5.37% Cap Rate | Charlottesville, VA 22902
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $950,000
- Property Type
-
Multifamily
- Square Feet
- 5,166 SF
Listing Contacts
Benjamin Skinner
Verified Profile
Matthew Prozzillo
Verified Profile
Altay Uzun
Verified Profile
Jack Carroll
Verified Profile
- Property Info
Property Overview
SP Multifamily Group of Marcus & Millichap invites qualified investors to learn more about 606 Gillespie Avenue
Property Details
- Class
- C
- Year Built/Renovated
- 1875/2016
- Stories
- 2
- Lot Size (sq. ft)
- 11,326 SF
- Units
- 6
Highlights
- 6-Unit Multifamily Asset Located 3-Minutes From University Of Virginia In Charlottesville, Virginia.
- In 2016, 606 Gillespie Received New HVAC, Roof, Craw Space Remediation And Insulation Along With Major Interior Renovations On The Three-Bedroom/Two-B
- Unit Mix Consist Of 5 One-Bedroom/One-Bathroom Units And One Three-Bedroom/Two-Bathroom Cottage Primed for Continued Renovation
- Voted The 2nd Best Place To Live In Virginia, Charlottesville Has An Airport, Hospitals, Big Box Retail, And Entertainment. 101 Westerly Has Proximity
- Can Be Purchased Individually or As A Portfolio With 2228 Center Avenue And 101 Westerly Avenue
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