Charlottesville Investment Properties | Rentals,Flips,Commercial & Land

Real Estate as an Investment

Making the choice to invest in residential real estate is an excellent way to diversify and grow your net worth, if it is done correctly. Besides providing a steady cash flow and amazing tax benefits, investing in real estate also provides a sense of security that is simply unmatched in other investments. Real estate is ever-accessible, appreciable, depreciable, leverageable, improvable, deductible, deferrable and stable; however, for you as an investor, the most important thing real estate can be is rentable.

BUYING RENTAL PROPERTIES

At Town Realty, we understand the rental property business from an investor’s perspective, and we have the tools you need to be successful in your pursuits. Our goal is to find you an excellent investment that promises a positive return in every area. Best of all, our team is prepared to help you every step of the way. At Town Realty we believe real estate to be the most “able” investment in today’s economy, and our proven processes lead to amazing results.

We are Agents and Investors

With Town Realty, you are not just dealing with just a residential realtor, we are also active investors in multiple Charlottesville rental properties and have been successful in “flipping” local properties. Our Realtors will use our experience to focus on an immediate equity gain upon the acquisition of a rental property. This goal is put in place to ensure sufficient cash flow to sustain the returns you need for success. Additionally, our agents are ready and willing to help you select the right piece of real estate for your needs, as well as one that is sure to appeal to the rental market of Charlottesville at large.

Higher Expectations for a Real Estate Agent

We always work to meet both your short-term and long-term financial needs during the acquisition process. Besides considering the base price of the property, our knowledgeable Realtors also look at things such as property taxes, maintenance costs and other factors that impact your initial investment into the residence. Further, Town’s Realty ability to provide advanced financial projections based on current market trends allows you to see the big picture before purchasing a property. This is an invaluable tool that ensures success and meets our goal to help you become a sophisticated investor and grow your financial wealth.

Whether you seek your first investment property or you are looking to expand your existing portfolio, Town’s Realty resources are unmatched. With lenders, contractors and property managers in our network, all of the information you need is at your fingertips. We share the fundamental truths of real estate investment with our clients, and we are happy to share the models that schooled investors use; together, these factors allow even novice investors to feel comfortable with the process. For seasoned real estate investors, Town’s Realty advanced analytics help you target lucrative properties in niche markets – a precious tool for the continued growth of an investment business. The unrivaled tax benefits of depreciations, deductions and exchanges await in Charlottesville’s rentable real estate market, and with Town’s Realty help, your success is immanent.

Opportunities in the Charlottesville Area: Student Rentals

When it comes to the rental market in Charlottesville, options are bountiful. This town is largely based around the University of Virginia, and as such, there is a high need for residential rentals to accommodate students. There are just under 24,000 students enrolled at UVA, and of this number, approximately 41 percent live on the campus. While there are some students that live at home in the area, this leaves a significant portion of the student body that is in need of off-campus rental housing. This factor alone presents a huge opportunity for the area’s real estate investors. Further, the stability of the university means that there will always be a steady flow of students – and even faculty members – looking for affordable rental housing in the University region.

Investors looking at neighborhoods around the UVA campus have numerous property options, including single-family homes, townhouses and even apartment complexes.

Livability and A Strong Economy

Students are just one sector of the rental market in the greater Charlottesville area. This region is known for its livability, and, in fact, has received numerous accolades, including the “Most Exciting Place in Virginia” by Movoto Real Estate, the “Best College Town in America” by Traveler’s Today, one of the “Top 100 Places to Live” by Livability.com, one of “America’s Favorite Mountain Towns” by Travel + Leisure Magazine, and the list goes on. The draw of Charlottesville is undeniable, and this brings in a steady flow of new residents on a regular basis. Budding professionals and families are drawn to the stable work environment and ever-changing environment Charlottesville presents, while retirees are drawn to the scenic beauty and easy lifestyle offered by Charlottesville and Albemarle County. The great variety of residents, and the options they seek, means excellent things for the rental market in the greater Charlottesville area.

Investing Outside of the City

The investment properties do not end at the city lines, and renters are bountiful throughout the 29 North region, as well. In 29 North, the beauty of the country combines with fantastic access to surrounding communities and a number of the county’s most prominent employers. Big-name retailers and local shops provide employment options in the retail sectors; however, the major draws for the area include General Electric, the Defense Intelligence Agency and the National Ground Intelligence Center. There is also an airport in town that provides opportunity for residents.

Where there is employment there are incoming residents, and this gives you as a real estate investor a great chance to build your portfolio in a different, less-dense region of Albemarle County. Town’s Realty expertise in Charlottesville’s specific market trends is just one of the ways that our Realtors help you in the investment property acquisition process. Overall, it is our commitment to excellence – both ours and yours – that allows success in each and every transaction.

 

Featured Listings

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Residential

3Bedroom(s)
3Bathroom(s)
26Picture(s)
2,203Sqft
Spring Delivery*NOW UNDER CONSTRUCTION* This popular BAINBRIDGE townhome features 3 bedrooms, 3.5 baths, rec-room & garage. This contemporary-designed home includes an open main level with large windows for an abundance of natural light & Trex deck. The primary suite boasts a vaulted ceiling with dormer windows, dual vanity sinks, walk in closet & frameless glass shower.
$486,366

126 MAYWOOD LN, CHARLOTTESVILLE, Virginia 22903

Residential

3Bedroom(s)
1Bathroom(s)
19Picture(s)
1,447Sqft
Great R-2UH 3 bedroom and 1 bathroom investment property within a few blocks from UVA's medical center, the heart of UVA's campus, and off of Jefferson Park Avenue. Fully rented until 7/31/22 for $1775 per month. Current tenants would like to renew with the new owners.
$399,000

121 WATERBURY CT, CHARLOTTESVILLE, Virginia 22902

Rental

3Bedroom(s)
2Bathroom(s)
17Picture(s)
1,200Sqft
Updated and well-maintained townhouse walking distance to downtown! Less than 2 miles to UVA Hospital, Wegmans, and the I-64 Exits. Features include: 1200 sq ft of finished space, 3 bedrooms, hardwood floor on main level, and recently expanded concrete patio. Available beginning March 1st, 2022, pets are welcome with owner approval. Potential option for renewal after initial 12 month lease.
$1,750

1274 VILLA LN, CHARLOTTESVILLE, Virginia 22903

Residential

2Bedroom(s)
2Bathroom(s)
21Picture(s)
940Sqft
Well maintained, top floor unit in The Villas at Southern Ridge! This two bedroom, two bathroom condo is in great condition, with new flooring in the great room, bedrooms and bathroom 1. Beautiful updated bathroom with quartz countertops and new cabinets, and a washer and dryer in the unit. Living room opens up to a private balcony to enjoy your morning cup of coffee.
$175,000

1845 CANDLEWOOD CT, CHARLOTTESVILLE, Virginia 22903

Residential

3Bedroom(s)
3Bathroom(s)
23Picture(s)
1,310Sqft
Resort/garden style one-level end-unit condo in a highly-desirable gated community. Unit has generously sized bedrooms each with ensuite bath, an open floorplan, eat-in kitchen, stainless appliances.
$280,000

980 ROCKCREEK RD, CHARLOTTESVILLE, Virginia 22903

Residential

3Bedroom(s)
1Bathroom(s)
27Picture(s)
1,800Sqft
Great Value located in the heart of downtown Charlottesville! Wonderful starter home or investment property. This City townhome has lots of upgrades including new flooring, appliances, trim & paint. The HVAC is only 5 years old. The owner recently FINISHED the basement with Luxury Vinyl Plank Flooring adding 600 Square FEET of living space.....making this an 1800 Square Foot home.
$229,000

2238 BANBURY ST, CHARLOTTESVILLE, Virginia 22901

Residential

3Bedroom(s)
2Bathroom(s)
13Picture(s)
1,635Sqft
Brick Home with Hardwood Floors and Fireplace in Living Room. Full Basement includes a Family Room and Second Full Bath. Rear Screened in Porch and Fenced Yard. Located in Greenbrier Heights.
$313,500

102 CHISHOLM PL, CHARLOTTESVILLE, Virginia 22902

Residential

3Bedroom(s)
2Bathroom(s)
37Picture(s)
3,081Sqft
Perfectly located in the heart of Charlottesville, this exceptional home is ready and waiting for you! HERS Index Score of 33, Pearl Certified Gold, this EarthCraft certified home's energy efficiency and quality will amaze you. Featuring gleaming hardwood floors throughout the bright and open great room.
$539,000

1800 JEFFERSON PARK AVE, CHARLOTTESVILLE, Virginia 22903

Rental

2Bedroom(s)
1Bathroom(s)
13Picture(s)
669Sqft
Available August 2, 2022. Spacious two bedroom condo in highly desirable 1800 Jefferson Park Avenue Garden Apartments. Includes kitchen, large living room, hallway with extra storage closets, two similar sized bedrooms, and a full bath. Porch off the living room can hold a table and chairs for additional relaxation or study space.
$1,400

1800 JEFFERSON PARK AVE, CHARLOTTESVILLE, Virginia 22903

Rental

2Bedroom(s)
1Bathroom(s)
20Picture(s)
813Sqft
AVAILABLE JULY 2, 2022. Renovated, beautiful condo with high-end finishes located on 6th floor of coveted 1800 JPA building with fabulous views of the Ragged Mountains and University Grounds. Walkable to the UVA grounds and the corner. Spacious rooms boasting two bedrooms plus one full bathroom. Covered patio/porch off family room.
$1,600

1631 BRANDYWINE DR, CHARLOTTESVILLE, Virginia 22901

Residential

5Bedroom(s)
4Bathroom(s)
30Picture(s)
3,539Sqft
This is a happy home! Gorgeous, light-filled expanded ranch in one of the city's most coveted neighborhoods. Gracious rooms with pristine hardwood floors can be found throughout the main level. The cheerful kitchen offers updated appliances, countertops, and flooring as well as an adjacent breakfast room with sliding doors to a treehouse-like pergola on the rear of the home.
$775,000

1013 LINDEN AVE, CHARLOTTESVILLE, Virginia 22902

Residential

3Bedroom(s)
2Bathroom(s)
36Picture(s)
1,634Sqft
Modern and move in ready END Unit. 9' ceilings, hardwood floors throughout with lots of natural light. 3 bedroom, 2 1/2 bath unit. The home is complete with dual zone HVAC, granite countertops, stainless steel appliances, TWO decks including a private rooftop deck with mountain views.
$329,900
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