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$319,999
3 Beds
2 Baths
1,164 SqFt
0.18 Acre Lot
7,840 Sqft Lot
Status Pending
Property Type Detached
Price Type
Year Built 1915
Neighborhood Fife Estate
Days on Website 65

Property Map

$319,999 – 1113 Cherry Ave, Charlottesville, VA 22903

Street View

Courtesy of THE HOGAN GROUP-CHARLOTTESVILLE {attribution_contact}

Description

Investors, Take Note!This prime 0.18-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 6 units. Currently, a house sits on the lot, presenting 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.

Property Details and Features

Basement

  • Yes

Bathrooms

  • 2 full bathrooms
  • 2 bathrooms

Bedrooms

  • 3 bedrooms

Building

  • Design: Ranch
  • 1 Story
  • 1,164 finished square feet
  • 1,164 total square feet
  • Built in 1915

Cooling

  • Window Unit(s)

Exterior Features

  • Asbestos

Foundation

  • Wood

Heating

  • Hot Water

Listing

  • 16 days on the market

Location

  • Directions: Use gps
  • Subdivision: Fife Estate
  • City: Charlottesville

Lot

  • 0.18 acres

Roof

  • Composition Shingle

Schools

  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville

Taxes

  • Annual taxes: $2,490
  • Year: 2023

Utilities

  • Water: Public Water

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