1005 CHERRY AVE, CHARLOTTESVILLE VA, 22903

Active

1005 CHERRY AVE

CHARLOTTESVILLE VA, 22903

$400,000

$242.72 per sqft

Active

3 Beds

2 Baths

1,648 sqft

Residential

Built in 1900

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.

660133

MLSⓇ ID

January 18, 2025

Listed

January 18, 2025

Updated

Map

1005 CHERRY AVE
CHARLOTTESVILLE VA, 22903

Interior Features

Total Stories: 2
Bedrooms: 3
Total Bathrooms: 2
Full Bathrooms: 2
Interior Features: Bedroom, Breakfast Room, Dining Room, Full Bath, Kitchen, Living Room
Laundry Description: Dryer, Washer
Floor Description: Hardwood, Parquet, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Window Unit(s)
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.16 Acres
Exterior Features: Vinyl
Lot Features: Landscaped, Nearly Level
Architectual Style: Farm House
Roof: Metal - Other
Sewer: Public Sewer

School Information

School District: Charlottesville
High School: Charlottesville
Elementary School: Johnson (Charlottesville)

Other Property Details

Area Name: Charlottesville
Taxes: $3,272
Tax Frequency: Annually
Garage: No
View: Yes
View Description: Residential View
County: Charlottesville
Municipality: 2 Story
Water Source: Public Water
Pool: Yes
Zoning: Residential B

Courtesy of MARJORIE ADAM with BETTER HOMES & GARDENS R.E.-PATHWAYS
Listing Contact:

Based on information from Charlottesville Area Association of REALTORS® as of 1/18/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.