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$475,000

Beds
3
Baths
2.0
sq ft
1,850

1101 Cherry Ave, Charlottesville, VA 22903

1101 Cherry Ave

CHARLOTTESVILLE, VA 22903

  • 60 days on market
    • Price drop $25,000↓
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.,Formica Counter,Wood Cabinets,Bus on City Route

Details

Property type

Single Family Residence

Lot size

7,405 sq ft

Price per sq ft

$257

Year built

1925

Annual property taxes

$3,581

HOA

No

Price History

06/21/2024

Bright #652597

Price change
$475,000
-5%
05/24/2024

Bright #652597

Listed
$500,000

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: 07/05/2024 at 7:45 PM

Listing updated: 06/27/2024 at 3:43 AM

Listed by: BRADLEY J PITT, KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE Phone #: (434) 220-2200

MLS: Bright #652597

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