1101 Cherry Ave
Charlottesville, VA 22903
$475,000

3 bed
2.0 bath
1,850 sqft
0 acre lot

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

Price Per Sqft

$256.76

Year Built

1925

Stories

Listing Type

Detached

MLS ID

652597

Region

Charlottesville

City

Charlottesville

Community

Fife Estate

Additional Information

Cooling

Central AC, Heat Pump

Heating

Forced Air, Heat Pump

Construction

Aluminum

Garage

1 Car

Has Hoa

HOA Price

Schools

Elementary School

Johnson (charlottesville)

Middle School

Walker & Buford

High School

Charlottesville

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Listed by Keller Williams Alliance - Charlottesville.
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