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Residential
- 105 Washington Ave, Charlottesville VA 22903
- $719,000
- MLS #:1181552788
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.
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Listing courtesy of: Sloan Manis Real Estate