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$400,000

Beds
3
Baths
2.0
sq ft
1,648

1005 Cherry Ave, Charlottesville, VA 22903

1005 Cherry Ave

CHARLOTTESVILLE, VA 22903

  • 4 days on market
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, 2 bath 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

Details

Property type

Single Family Residence

Lot size

6,970 sq ft

Price per sq ft

$243

Year built

1900

Annual property taxes

$3,272

HOA

No

Price History

01/03/2025
Bright

Bright #659822

Listed
$400,000

Schools & Community

Neighborhood: 

Fifeville

Elementary school: 

JOHNSON

Middle school: 

WALKER & BUFORD

High school: 

CHARLOTTESVILLE

School district: 

CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 01/06/2025 at 9:20 PM

Listing updated: 01/05/2025 at 2:48 PM

Listed by: MARJORIE ADAM, NEST REALTY GROUP Phone #: (434) 566-0121

MLS: Bright #659822

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