• 1101 Cherry Ave CHARLOTTESVILLE, VA 22903

  • $500,000
  • 3
    Bed(s)
  • 2
    Baths
  • 0
    Sq Ft

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.,Formica Counter,Wood Cabinets,Bus on City Route

Property Type :

Residential

Subdivision :

Fife Estate

County :

CHARLOTTESVILLE CITY

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 1

Total Bedroom (Lower): 0

Total Bedroom (Upper): 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Half Baths: 0

Water/Sewer

Water Source : Public

Interior Features

Entry Level Bedroom

Roof : Metal

Basement Description: Unfinished

Property Appliances: Dryer,Washer,Dishwasher,Oven/Range - Gas,Refrigerator,Water Heater - Solar

Roofing Information

Metal

Heating & Cooling

Cooling: Central A/C,Heat Pump(s)

Heating: Forced Air,Heat Pump(s)

Window Information

Window Treatments: Insulated,Energy Efficient,Screens

Building Information

Year Built: 1925

Structure: Detached

Major Appliances: Dryer,Washer,Dishwasher,Oven/Range - Gas,Refrigerator,Water Heater - Solar

New Construction: No

Built: 1925

Construction Material: Aluminum Siding

Roof: Metal

Foundation/Basement: Stone

Architecture: Other

Pool/Private: No Pool

Roof Type: Metal

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Solar

Lot Information

Lot Size (Acres): 0.17

Architectural Style: Other

Property Information

SQ ft: 2,506

SQ ft (Living Area): 1,850

View: City

Subdivision: FIFE ESTATE

Total Acreage: 0.17

New Construction: No

Type: Other

Listing Information

Energy Features: Exposure/Shade

Days Of Market: 5

Tax Information

Annual Tax: $3,581

Tax Year: 2024

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $0

Assessment Information

Taxes Assessment Amount: $362,800

Parking Information

Has Garage: N

Garage Type: Garage - Side Entry

Multi-Unit Information

Roof: Metal

Homeowners Association Information

Association Fee 2: $0

Direction: 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.

School Information

Elementary School: JOHNSON

Middle OR Junior School: WALKER & BUFORD

High School: CHARLOTTESVILLE

School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Hot Water: Solar

Location Information

Direction: 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.

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/19/2024 @ 14:54

MLS: 652597
LISTED BY: BRADLEY J PITT , KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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