1113 CHERRY AVE, Charlottesville, VA 22903

$319,999 Asking Price

3 beds
2 baths
1,164  sqft
Built in 1915

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.

Features & Amenities

Interior

Rooms:
|Full Bath1|Half BathB|Kitchen1|Living Roo1|Family Roo1|Pri Bed1|Bedroom1|Laundry1|
Basement:
Heated,Partial,Walk Out
Flooring:
Wood
A/C:
Window Unit(s)
Heating:
Hot Water

Exterior

General:
Asbestos
Style:
Ranch

Construction

Roofing:
Composition Shingle
General:
On Site Built, 1 Story, Wood

Location

County:
Charlottesville

Lot

Zoning:
R-1S (Small Lot) Residential, Lot 71 Fife Estate, 230077000

Utilities

Water:
Public Water
Sewer:
Public Sewer

This listing courtesy of:
THE HOGAN GROUP-CHARLOTTESVILLE, NICOLLE COMAROVSCHI

About Charlottesville, VA

Housing

Number of Units
55,792
Median Home Value
$393,379
Median Rent
$1,185

48.83% of housing units are renter occupied.

7.04% are vacant.

Commute

Car
56.57%
Public Transportation
3.15%
Walk to Work
5.07%
Work from Home
33.24%
Other
0.58%

The median travel time to work is 13 minutes.

People

Population
126,233
Median Age
37.20
Median Household Size
2.50

Education

High School
13.42%
Associate’s Degree
4.65%
Bachelor’s Degree
30.51%
Graduate Degree
29.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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