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Matinee Lawhasawadi
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Mobile Phone:
301-357-0931
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FOR SALE
$3,450,000

924 Rainier Rd
Charlottesville, VA 22903

Townhouse
Residential
4
Beds
3
Baths
2,536
Sq. Ft.
0.05
Acre Lot
Courtesy: BARRINGTON REALTY LLC
Home> Virginia> Charlottesville> 22903
7 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
654060
Residential - Townhouse, Other
4
3 Full
2008
CHARLOTTESVILLE CITY
0.05 Acres
Public Water Service
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: BARRINGTON REALTY LLC
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