$400,000
For Sale

1005 CHERRY AVE

Charlottesville, VA 22903
1648 sqft | 3 beds | 2 baths | 0.16 acres | #660133
Listing OfficeBETTER HOMES & GARDENS R.E.-PATHWAYS
Office Phone(434) 326-1881
Office Emailmarjorie@marjorieadamteam.com
Browse 5 photos
Type:Purchase
Structure:House
Zone:Residential

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.,Formica Counter,Painted Cabinets

  • Property Details
      • InteriorEntry Level Bedroom
      • Lot DescriptionLandscaping, Sloping
      • Middle SchoolWALKER & BUFORD
      • High SchoolCHARLOTTESVILLE
      • SubdivisionNONE AVAILABLE
      • Sewer InformationPublic Sewer
      • Property SubtypeResidential
      • Property TypePurchase
      • Elementary SchoolJOHNSON
      • Utility SourcePublic
      • Taxes Annual$3,272
      • MLS #660133
      • Cost400000
      • MLS #660133
      • ViewOther
      • FoundationBlock
      • Acres0.16
      • Square Feet1648
      • Year Built1900
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Tom Governale | Keller WilliamsReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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