$400,000
Beds: 3
Baths: 2
Sqft: 1,648
Sqft lot: 6,969
Acre lot: 0.16
Just Listed

Courtesy of BETTER HOMES & GARDENS R.E.-PATHWAYS {attribution_contact}

Status: Active
Property Type: Detached
Year Built: 1900
Neighborhood: Fifeville
Days On Website: 3

Property Details for 1005 Cherry Ave, Charlottesville, VA 22903

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.

Appliances & Equipment

  • Dryer
  • Washer

Basement

  • No

Bathrooms

  • 2 full bathrooms
  • 2 bathrooms

Bedrooms

  • 3 bedrooms

Building

  • Design: Farm House
  • 2 Story
  • 1,648 finished square feet
  • 1,648 total square feet
  • Built in 1900

Cooling

  • Window Unit(s)

Exterior Features

  • Vinyl

Foundation

  • Concrete Block

Heating

  • Forced Air

Kitchen

  • Formica Counter
  • Painted Cabinets

Listing

  • 3 days on the market

Location

  • Directions: 50 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.
  • Subdivision: Fifeville
  • City: Charlottesville

Lot

  • 0.16 acres
  • Landscaped
  • Nearly Level

Property

  • Residential View

Roof

  • Metal - Other

Schools

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

Security Features

  • Smoke Detector(s)

Taxes

  • Annual taxes: $3,272
  • Year: 2024

Utilities

  • Water: Public Water

Map View


$400,000 - 1005 Cherry Ave, Charlottesville, VA 22903

Street View


Directions


1005 Cherry Ave
Charlottesville, VA 22903
Directions: 50 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.