Price: $475,000
Beds: 3
Baths: 2
Living Area SqFt: 1,850
Status: Active
Property Type: Detached
Lot Size Acres: 0.17
Lot Size SqFt: 7,405
Year Built: 1925
Neighborhood: Fife Estate
Days on Website: 77

Courtesy of KELLER WILLIAMS ALLIANCE – 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • Dishwasher
  • Gas Range
  • Refrigerator
  • Dryer
  • Washer
  • Basement
  • Yes
  • Bathrooms
  • 2 full bathrooms
  • 2 bathrooms
  • Bedrooms
  • 3 bedrooms
  • Building
  • 2 Story
  • 1,850 finished square feet
  • 2,706 total square feet
  • 856 unfinished square feet
  • Built in 1925
  • Insulated Windows
  • PVC Windows
  • Screens
  • Cooling
  • Central AC
  • Heat Pump
  • Exterior Features
  • Green Exterior Features: Awnings/Overhangs
  • Aluminum
  • Foundation
  • Stone
  • Garage
  • 1-car garage
  • Faces Side
  • Heating
  • Forced Air
  • Heat Pump
  • Interior Features
  • Insulated Windows
  • PVC Windows
  • Screens
  • Kitchen
  • Formica Counter
  • Wood Cabinets
  • Listing
  • 64 days on the market
  • Location
  • Directions: 250 East/West, take the McIntire Rd/John W Warner Pkwy exit towards downtown, continue on Ridge McIntire Rd, continue on Ridge St, turn right onto Cherry Ave. After 0.6 miles, home is on the right.
  • Subdivision: Fife Estate
  • City: Charlottesville
  • Lot
  • 0.17 acres
  • Garage
  • Gently Rolling
  • Property
  • Urban View
  • Roof
  • Metal – Other
  • Schools
  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville
  • Taxes
  • Annual taxes: $3,581
  • Year: 2024
  • Utilities
  • Water: Public Water

Property Map

$475,000 – 1101 Cherry Ave, Charlottesville, VA 22903

Street View

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