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1005 Cherry Avenue

Charlottesville VA 22903

3
2
1648 sq. ft.
0.16 ac.
Other
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1648 sq. ft. floor area
0.16 ac. lot size
Other

Happy sellers in Charlottesville

100%
100% of sellers in Charlottesville reported that their sale price either exceeded or met their price expectations.

Charlottesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Charlottesville over the last 12 months.

Local market activity for 3 bedroom other properties in Charlottesville

In the last 12 months, 25 three-bedroom other properties similar to 1005 Cherry Avenue, have been sold.

This represents a 33% increase in three-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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