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924 Rainier Rd

CHARLOTTESVILLE, VA 22903
  • $2,950,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 654060
Price Reduced
UPDATED: 49 min ago
$2,950,000
  • 4
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,536
    SQFT
  • $1,163
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2008

School Information

Elementary School:
Middle School:
High School:

Description

6 Cherry Hill homes offered individually or as an investment package. Leased through Summer 2025. Super popular with UVA Medical and JAG. Near UVA Hospital, Campus and Downtown pedestrian mall. Luxury 3-level, 3-4 BR homes with 2 car detached garages and fenced rear courtyards! Two floor plans offered. Slight variations per home. Owner/Broker Licensed in Va. Recent zoning changes may allow for add'l income opportunities-verify. Strong rental history with steady stream of very qualified renters from UVA Hospital/JAG. Solid appreciation and annual rent increases. Homes often rent site unseen, within days of listing. Often, multi-year leases, from 2- 8 years. Super Location w subdivision green spaces, picnic tables, and walking trails. Nearby Smith Aquatic and Fitness Center, Ix Park, as well as 5th Street Shopping Ctr-Wegmans, Dicks, Panera, Alamo Drafthouse... Adjacent to Johnson Elementary. Easy I-64 access. Net ROI 9% (Income-Expenses, with depreciation). Add Historical appreciation 7.89% for a tremendous 16.89% return Each property owned by a different entity. Homes are occupied by tenants through Summer 2025. Lease extensions likely on some homes. Tenants pay HOA, covers landscaping/snow removal.,Granite Counter

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-13T16:53:23.607.
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924 Rainier Rd CHARLOTTESVILLE, VA 22903

  • Price: $2,950,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 49 min ago
  • ID#: 654060
4
Beds
3
Baths
0
½ Baths
0.05
Acres
2,536
SQFT
$1,163
$/SQFT
2008
Built
Neighborhood:
Cherry Hill
County:
Charlottesville City
Elementary School:
Johnson
Middle School:
Walker & Buford
High School:
Charlottesville
School District:
Charlottesville City Public Schools
Property Description
6 Cherry Hill homes offered individually or as an investment package. Leased through Summer 2025. Super popular with UVA Medical and JAG. Near UVA Hospital, Campus and Downtown pedestrian mall. Luxury 3-level, 3-4 BR homes with 2 car detached garages and fenced rear courtyards! Two floor plans offered. Slight variations per home. Owner/Broker Licensed in Va. Recent zoning changes may allow for add'l income opportunities-verify. Strong rental history with steady stream of very qualified renters from UVA Hospital/JAG. Solid appreciation and annual rent increases. Homes often rent site unseen, within days of listing. Often, multi-year leases, from 2- 8 years. Super Location w subdivision green spaces, picnic tables, and walking trails. Nearby Smith Aquatic and Fitness Center, Ix Park, as well as 5th Street Shopping Ctr-Wegmans, Dicks, Panera, Alamo Drafthouse... Adjacent to Johnson Elementary. Easy I-64 access. Net ROI 9% (Income-Expenses, with depreciation). Add Historical appreciation 7.89% for a tremendous 16.89% return Each property owned by a different entity. Homes are occupied by tenants through Summer 2025. Lease extensions likely on some homes. Tenants pay HOA, covers landscaping/snow removal.,Granite Counter
Exterior Features

Architectural Style Other Construction Materials BrickCement Siding Exterior Features Other Fencing OtherPrivacy Garage Type Other Garage YN Yes Lot Features LandscapingLevel Parking Features Other Parking Types Detached Garage View Other Water View YN No

Interior Features

Above Grade Fin SQFT 2536 Above Grade Unfinished Area 0 Appliances DryerWasherDishwasherDisposalOven/Range - ElectricMicrowaveRefrigerator Basement Fully FinishedFullHeatedInterior AccessOutside EntranceWalkout LevelWindows Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 2936.00 Cooling Central A/CHeat Pump(s) Fireplace YN No Flooring CarpetCeramic TileHardwood Inclusions RangeRefrigeratorDishwasherMicrowaveWasherDrier Interior Features Walk-in Closet(s)Kitchen - Eat-InKitchen - IslandPantryRecessed LightingPrimary Bath(s) Levels 3 Main Level Bedrooms 0 Room List Living RoomDining RoomKitchenFoyerSun/Florida RoomLaundryRecreation RoomFull BathAdditional Bedroom Security Features Smoke Detector Walls Ceilings 9'+ CeilingsVaulted CeilingsCathedral Ceilings

Property Features

Accessibility Features None Association Amenities Picnic Area Association Fee 708.00 Association Fee Frequency Annually Association Fee Includes Common Area Maintenance Association Fee2 250.00 Association Fee2 Frequency One Time Association YN Yes Central Air YN Yes Condo YN No Construction Completed YN No Foundation Details Slab Heating Fuel Natural Gas New Construction YN No Original MLSNumber 654060:CAAR:RE_1 Ownership Interest Other Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 4016.00 Vacation Rental YN No Water Source Public Window Features Transom Zoning R Zoning Description Residential

Listing courtesy of BARRINGTON REALTY LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-13T16:53:23.607.
 
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