105 Washington Ave, Charlottesville, VA 22903

$719,000
3,077
SqFt

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List Price
$719,000
Status
ACTIVE
MLS#
680730
Living Area
3,077
Lot Size
6,969
Year Built
1930
Region
Charlottesville

Property Description

Outstanding investment opportunity in Charlottesville's premier student rental market! Located just off Jefferson Park Avenue, 105 Washington Avenue is a rare 7-bedroom rental property within easy walking distance of UVA, Scott Stadium, and the UVA Medical Center. Currently leased for $3,650 per month, this property provides immediate cash flow while offering significant upside potential. Current rents are below prevailing market rates, presenting an excellent value-add opportunity for investors seeking to maximize returns. Large student rental homes in this highly sought-after neighborhood experience consistently strong demand and historically low vacancy, making this an ideal long-term investment. Whether you're growing an established portfolio or acquiring a premier student rental, this property combines stable income, appreciation potential, and an exceptional location in one of Charlottesville's most desirable investment corridors.

Additional Information

Heating
Radiant
Water
Public
Sewer
Public Sewer
Elementary School
Trailblazer
Middle School
Charlottesville Middle
High School
Charlottesville

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Calculator source: Real Geeks

Listing courtesy of SLOAN MANIS REAL ESTATE.