Investor opportunity in a convenient City of Charlottesville location, priced $50,000 below the current City assessment! This 3-bedroom, 1-bath home has a strong rental history and plenty of room to add value through renovation. The unfinished basement offers over 1,000+ square feet of additional space, including a partially finished bathroom. Use it for expanded living space or, subject to applicable zoning and building requirements, a possible basement apartment. The home needs updates, making it a great fit for investors or buyers ready to build equity through improvements. With the price already below assessment, you can start with built-in value. Whether you want added rental income or room to grow, this property gives you options. Bring your vision and schedule a showing today!