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1005 Cherry Ave, Charlottesville VA 22903
- $400,000
- MLS #:659822
- 3beds
- 2baths
- 0half-baths
- 1,648sq ft
- 0.16acres
Neighborhood: Fifeville
Square Ft Finished: 1,648
Square Ft Unfinished: 0
Elementary School: Johnson (Charlottesville)
Middle School: Walker & Buford
High School: Charlottesville
Property Type: residential
Subcategory: Detached
HOA: No
Area: Charlottesville
Year Built: 1900
Price per Sq. Ft: $242.72
Investors, take note! This prime, 0.16-acre lot in the highly sought-after Fifeville neighborhood of Charlottesville offers an exceptional redevelopment opportunity. Zoned R-B, this property can be subdivided and allows for the development of up to 8 total units. Currently, a 3-bedroom, 2 bath home sits on the lot, which is currently rented. This presents various possibilities for maximizing its full potential. Enjoy the convenience of being within walking distance to UVA, The Corner, and the Downtown Mall. The train station is also nearby, and it's just a quick drive to 5th Street Station shopping, offering a variety of dining and retail options. This is a rare chance to capitalize on a prime location in one of Charlottesville's most vibrant areas.
1st Floor Master Bedroom: Yes
HOA fee: $0
Stories: 2 Story
View: Residential View
Water View: None
Design: Farm House
Roof: Metal - Other
Yard: Landscaped, Nearly Level
Garage Num Cars: 0.0
Cooling: Window Unit(s)
Air Conditioning: Window Unit(s)
Heating: Forced Air
Gas: None
Water: Public Water
Sewer: Public Sewer
Basement: No
Kitchen Features: Formica Counter, Painted Cabinets
Laundry: Dryer, Washer
Possession: Settlement, Tenant Rights
Kickout: No
Annual Taxes: $3,272
Tax Year: 2024
Legal: Lot 61, Fife Estate
Directions: 250 East/West, take the McIntire Rd/John W Warner Pkwy exit towards downtown, continue on Ridge McIntire Rd, continue on Ridge St, turn right onto Cherry Ave. to home on the right.
Days on Market: 2
Updated: 1/04/25
Courtesy of: Nest Realty Group
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Directions:
250 East/West, take the McIntire Rd/John W Warner Pkwy exit towards downtown, continue on Ridge McIntire Rd, continue on Ridge St, turn right onto Cherry Ave. to home on the right.
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Listing Office: Nest Realty Group
