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$400,000 - 3Br/2Ba - for Sale in Fifeville, Charlottesville
Price: $400,000
Beds: 3
Baths: 2
Living Area SqFt: 1,648
Status: Active
Property Type: Detached
Lot Size Acres: 0.16
Lot Size SqFt: 6,969
Year Built: 1900
Neighborhood: Fifeville
Days on Website: 2

Courtesy of BETTER HOMES & GARDENS R.E.-PATHWAYS

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Property Description

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.

Open House

Property Details and Features

  • Appliances & Equipment
  • Dryer
  • Washer
  • Basement
  • No
  • Bathrooms
  • 2 full bathrooms
  • 2 bathrooms
  • Bedrooms
  • 3 bedrooms
  • Building
  • Design: Farm House
  • 2 Story
  • 1,648 finished square feet
  • 1,648 total square feet
  • Built in 1900
  • Cooling
  • Window Unit(s)
  • Exterior Features
  • Vinyl
  • Foundation
  • Concrete Block
  • Heating
  • Forced Air
  • Kitchen
  • Formica Counter
  • Painted Cabinets
  • Listing
  • 2 days on the market
  • Location
  • Directions: 50 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. to home on the right.
  • Subdivision: Fifeville
  • City: Charlottesville
  • Lot
  • 0.16 acres
  • Landscaped
  • Nearly Level
  • Property
  • Residential View
  • Roof
  • Metal – Other
  • Schools
  • Elementary school: Johnson (Charlottesville)
  • Middle school: Walker & Buford
  • High school: Charlottesville
  • Security Features
  • Smoke Detector(s)
  • Taxes
  • Annual taxes: $3,272
  • Year: 2024
  • Utilities
  • Water: Public Water

Property Map

$400,000 – 1005 Cherry Ave, Charlottesville, VA 22903

Street View

Nearby Schools

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