$2,950,000
Beds: 4
Baths: 3
Sqft: 2,536
Sqft lot: 2,178
Acre lot: 0.05
83 Days On Market

Courtesy of BARRINGTON REALTY LLC

Status: Active
Property Type: Attached
Year Built: 2008
Neighborhood: Cherry Hill
Days On Website: 83

Property Details for 924 Rainier Rd, Charlottesville, VA 22903

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.

Appliances & Equipment

  • Dryer
  • Washer

Basement

  • No

Bathrooms

  • 3 full bathrooms
  • Attach Primary Bath
  • Separate Vanities
  • 3 bathrooms

Bedrooms

  • 4 bedrooms

Building

  • 3 Story
  • 2,536 finished square feet
  • 2,936 total square feet
  • 400 unfinished square feet
  • Built in 2008
  • Interior Unit
  • 9' Ceilings
  • Vaulted/Cathedral Ceiling
  • Transom

Cooling

  • Central AC
  • Heat Pump

Exterior Features

  • Green Exterior Features: Cement siding
  • Brick

Foundation

  • Concrete Slab

Garage

  • 2-car garage

Heating

  • Natural Gas

Home Owner's Association

  • Fee: $708

Interior Features

  • 9' Ceilings
  • Vaulted/Cathedral Ceiling
  • Transom

Kitchen

  • Granite

Listing

  • 83 days on the market

Location

  • Directions: From UVA Hospital, take Lee St to Rt on Roosevelt Brown Blvd to Rt on Cherry Ave. Left into Cherry Hill Subdivision on Rainier Rd. Left onto Bing Ln From JPA, left on Cleveland, left on Cherry. Rt into Cherry Hill on Rainier Rd. Home on the left
  • Subdivision: Cherry Hill
  • City: Charlottesville

Lot

  • 0.05 acres
  • Yard Features: Fenced,Landscaped,Mature,Nearly Level
  • Garage
  • Landscaped

Possession

  • Settlement

Property

  • Residential View

Schools

  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville

Security Features

  • Deadbolts
  • Smoke Detector(s)

Taxes

  • Annual taxes: $4,016
  • Year: 2024

Utilities

  • Gas: Natural Gas
  • Water: Public Water

Map View


$2,950,000 - 924 Rainier Rd, Charlottesville, VA 22903

Street View


Directions


924 Rainier Rd
Charlottesville, VA 22903
Directions: From UVA Hospital, take Lee St to Rt on Roosevelt Brown Blvd to Rt on Cherry Ave. Left into Cherry Hill Subdivision on Rainier Rd. Left onto Bing Ln From JPA, left on Cleveland, left on Cherry. Rt into Cherry Hill on Rainier Rd. Home on the left