1101 Cherry Ave, CHARLOTTESVILLE, VA 22903 (MLS # 652597)

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PRICE $500,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,850 sqft
LOT SIZE 7,406 sqft

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.

DAYS ON MARKET 13 LAST UPDATED 5/11/2024
TRACT FIFE ESTATE YEAR BUILT 1925
GARAGE SPACES 1.0 COUNTY Charlottesville
STATUS Pending PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Johnson (Charlottesville)
Jr. High School Walker & Buford
High School Charlottesville


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Range, Refrigerator, Washer
BASEMENT Unfinished, Yes
CONSTRUCTION Aluminum Siding
GARAGE Yes
HEAT Forced Air, Heat Pump
LOT 7405 sq ft
SEWER Public Sewer
STORIES 2
SUBDIVISION FIFE ESTATE
TAXES 3581
UTILITIES Cable Available
WATER Public
ZONING RB Residential-Business District
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Listing information is deemed reliable, but not guaranteed.

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