1005 Cherry Ave Charlottesville, VA 22903
Listing Courtesy of: CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS / Better Homes And Gardens Real Estate Pathways / Marjorie Adam

  1005 Cherry Ave Charlottesville, VA 22903

Active (36 Days)
$400,000
3
BED
2
BATH
1,648
SQFT
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Description

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, 2bath 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.

MLS #:
660133
Taxes
$3,272(2024)
Lot Size
6,970 SQFT
Type
Single-Family Home
Year Built
1900
Style
Farm House
Views
Residential View

Listed By

Marjorie Adam, Better Homes And Gardens Real Estate Pathways
Source
CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS
Last checked Feb 23 2025 at 3:21 PM GMT+0000
Bathroom Details
Interior Features
  • Washer
  • Dryer
  • Painted Cabinets
  • Formica Counter
  • Smoke Detector(s)
Subdivision
  • Fifeville
Lot Information
  • Nearly Level
  • Landscaped
Property Features
  • Foundation: Concrete Block
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Flooring
  • Vinyl
  • Parquet
  • Hardwood
Exterior Features
  • Vinyl
  • Roof: Metal - Other
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Johnson (Charlottesville)
  • Middle School: Walker & Buford
  • High School: Charlottesville
Stories
  • 2 Story
Living Area
  • 1,648 sqft
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
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