• $799,900
  • $644 / SqFt
  • Days on Market 58
  • MLS# 626791
5 Beds
3 Baths
1242 SQFT
0.15 Acres
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School Information

  • Elementary: Venable
  • Middle School: Walker & Buford
  • High School: Charlottesville


Perfect 1031 Tax Exchange. R-2U home on Shamrock next to Scott Stadium. This 5BR 3BA property and 128 Shamrock Road need to be sold at the same time. Total price is $1.6M. Price is based on current rental and future expansion. 126 Shamrock has a 1BR 1BA cottage in the backyard, and 128 Shamrock has a 1BR 1BA loft apartment. Combined current rental income at this time = $65,100/yr. Beginning in July, rental income will be $6,150/month = $73800/yr. Cap Rate (Cash Purchase) = approximately a 4% ROI. With the new zoning in discussion, both 126 and 128 Shamrock are considered "High Density." Multiple units could potentially be built on this land. Property is Sold "as is".

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