Back in August 2008 there was talk of the UVA fraternity house, home to and owned by Chi Psi, being put on the block. Now it is publicly listed for 30+% less than 2008's "north of $2 million." The tax assessment is $975,000. The property has recently served as a rentable venue, and also is apparently occupied, according to Realtor Jim McVay's listing on the local MLS.
The listing description
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