615 E High Street

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30670158
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use
Status: Pending
Number of Units: 3 Units
Building Size (RSF): 3,346 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $685,000
Unit Price: $228,333.33 Per Unit
Property Use Type: Investment
Building Name: Harris House
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/11/2020

Overview / Comments

Harris House is a historic circa 1908 brick building located across from Court Square in downtown Charlottesville. Currently configured as three separate 1-bedroom residential units, this house has excellent commercial potential as office space or as a mixed-use property. Design features include tall ceilings, beautiful pine floors, a slate hipped roof, 7-course American bond masonry details, stone jack arches, and large bay-shaped rooms. Improvements to the structure may be eligible for Rehabilitation Tax Credits, which are administered by the Virginia Department of Historic Resources. A wonderful opportunity to own a notable income-producing property in the heart of the city.

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Tax ID/APN: Parcel ID # 530113000
Zoning: DOWNTOWN NORTH
Roof Type: Hip
Construction/Siding: Brick
Heat Source: Radiant
Fuel: Gas
Air Conditioning: Window Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,039 73,843 90,381
Median Age: 34.02 31.76 33.58
Households: 7,654 29,161 35,828
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