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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.

Property Details of 207 Douglas Avenue

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Listed by JANICE KAVANAGH of NEST REALTY GROUP

 "Based on information submitted to CAAR - GAAR - HRAR as of May 21, 2026 7:43 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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