MLS# 652597 - 1101 Cherry Ave, Charlottesville, VA 22903

$500,000
Beds: 3
Baths: 2
Sqft: 1,850
Sqft lot: 7,405
Acre lot: 0.17
Est. $1,841 / mo.*
13 Days On Market

Courtesy of KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE {attribution_contact}

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Status: Pending
Property Type: Detached
Year Built: 1925
Neighborhood: Fife Estate
Days On Website: 13

Property Details for 1101 Cherry Ave, Charlottesville, VA 22903

An exciting investment opportunity to own a property with side street access that allows up to 6 units in the new R-B zoning. Due to its excellent location, the property has been a very successful rental. Walking distance to downtown, UVA, West Main and Smith Aquatic Fitness Center. Cherry Ave is located on a bus route. It is a short drive to I-64 and 5th street station. There are four, potentially five(smaller vehicles) off-street parking spaces, making this a very desirable rental. Home has been well maintained and loved by long-term tenants. This spacious downtown home features hardwood floors, a metal roof, AC, updated windows, large bedrooms and a master bedroom on the first floor. This home has a large backyard and a garage/workshop/storage area with power.

Appliances & Equipment

  • Dishwasher
  • Gas Range
  • Refrigerator
  • Dryer
  • Washer

Basement

  • Yes

Bathrooms

  • 2 full bathrooms
  • 2 bathrooms

Bedrooms

  • 3 bedrooms

Building

  • 2 Story
  • 1,850 finished square feet
  • 2,706 total square feet
  • 856 unfinished square feet
  • Built in 1925
  • Insulated Windows
  • PVC Windows
  • Screens

Cooling

  • Central AC
  • Heat Pump

Exterior Features

  • Green Exterior Features: Awnings/Overhangs
  • Aluminum

Foundation

  • Stone

Garage

  • 1-car garage
  • Faces Side

Heating

  • Forced Air
  • Heat Pump

Interior Features

  • Insulated Windows
  • PVC Windows
  • Screens

Kitchen

  • Formica Counter
  • Wood Cabinets

Listing

  • 5 days on the market

Location

  • 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. After 0.6 miles, home is on the right.
  • Subdivision: Fife Estate
  • City: Charlottesville

Lot

  • 0.17 acres
  • Garage
  • Gently Rolling

Property

  • Urban View

Roof

  • Metal - Other

Schools

  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville

Taxes

  • Annual taxes: $3,581
  • Year: 2024

Utilities

  • Water: Public Water

Map View

$500,000 - 1101 Cherry Ave, Charlottesville, VA 22903

Street View

Directions

1101 Cherry Ave
Charlottesville, VA 22903
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. After 0.6 miles, home is on the right.