1604 GRADY AVE, Charlottesville, VA 22903

$1,850,000 Asking Price

8 beds
6 baths
2,778  sqft
Built in 1900

Incredible investment opportunity near UVA: fully leased through May 2025. C: 1900 brick house on a spacious offers oodles of off street parking. You'll appreciate the charm and character (high ceilings, hardwood floors, arched doorways) which is further enhanced by modern systems, and renovated kitchen and baths. The home is well maintained by the current owners who are ready to pass the baton, along with their list of local service providers who keep the home in top-notch condition. 1604 Grady Avenue is an ideal property to add to your investment portfolio as the 8 bedroom, 6 bath house is sought after by UVA students every year; recent Zoning changes (Residential Mixed Use, 5 stories) allow for increased density and expansion on site. The possibilities are endless. Come see what all the fuss is about. Floor plans included with photos. Showings by appointment only, with listing agent present, so not to disturb the current tenants.


Features & Amenities

Interior

Basement:
Full,Interior Access,Outside Entrance,Unfinished,Walkout Level
A/C:
Programmable Thermostat,Central A/C
Heating:
Y, Central
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

General:
2, Block,Slab

Location

HOA Amenities:
0.0
Originating MLS:
BRIGHT_CAAR
School District:
CHARLOTTESVILLE CITY PUBLIC SCHOOLS
County:
CHARLOTTESVILLE CITY

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_CAAR

This listing courtesy of:
LORING WOODRIFF REAL ESTATE ASSOCIATES, TOMMY BRANNOCK

About Charlottesville, VA

Housing

Number of Units
55,792
Median Home Value
$393,379
Median Rent
$1,185

48.83% of housing units are renter occupied.

7.04% are vacant.

Commute

Car
56.57%
Public Transportation
3.15%
Walk to Work
5.07%
Work from Home
33.24%
Other
0.58%

The median travel time to work is 13 minutes.

People

Population
126,233
Median Age
37.20
Median Household Size
2.50

Education

High School
13.42%
Associate’s Degree
4.65%
Bachelor’s Degree
30.51%
Graduate Degree
29.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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