207 DOUGLAS AVE

Wonderful investment property in the heart of Belmont, tree lined streets and a fabulous restaurant scene. Large house has 3 separate apartments, all units have private entrances, their own electric meters and outdoor space. PLUS a custom built COTTAGE tucked on the back of this large landscaped lot, a total of 4 rentals or live in the cottage and have 3 rentals. Cottage and two apartments are currently Furnished short term rentals (NOT Airbnb's) Tenants are travel nurses, UVA & working professionals leases on Furnished have minimum of 90 day leases. New owners could turn all rentals into standard 12 month leases if they decide. One water/sewer meter for the property, average water is $140-$150/month total for all the units. All leases convey and all furnishings in furnished units/cottage convey. There are 3 off street parking spots. Great location in Belmont, quiet street. Property has been well maintained and has an excellent rental history, never vacancies.