1101 Cherry Ave, Charlottesville, VA 22903
- $420,000
- 3
- BD
- 2
- BA
- 1,850
- SqFt
- Sold Price
- $420,000
- List Price
- $475,000
- Status
- CLOSED
- MLS#
- 652597
- Closing Date
- Oct 30, 2024
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,850
- Lot Size
- 7,405
- Year Built
- 1925
- Subdivision
- Fife Estate
- Region
- Charlottesville
Property Description
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.
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Additional Information
- Stories
- 2
- Heating
- Forced Air, Heat Pump
- Garage Spaces
- 1
- Roof
- Metal, Other
- View
- City
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Johnson (Charlottesville)
- Middle School
- Walker & Buford
- High School
- Charlottesville
Mortgage Calculator
Listing courtesy of KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE. Selling Office: YES REALTY PARTNERS.