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1101 CHERRY AVE, Charlottesville, VA 22903
$500,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,850
sqft
Built in
1925
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
Features & Amenities
Interior
- General:
- Entry Level Bedroom
- Appliances:
- Dryer,Washer,Dishwasher,Oven/Range - Gas,Refrigerator,Water Heater - Solar
- Basement:
- Unfinished
- Flooring:
- Carpet,Hardwood,Vinyl
- A/C:
- Central A/C,Heat Pump(s)
- Heating:
- Y, Forced Air,Heat Pump(s)
- Disability Feature:
- None
- Eco/Green Feature:
- Exposure/Shade
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Other
Construction
- Roofing:
- Metal
- Windows:
- Insulated,Energy Efficient,Screens
- General:
- Aluminum Siding, 2, Stone
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- BRIGHT_CAAR
- School District:
- CHARLOTTESVILLE CITY PUBLIC SCHOOLS
- County:
- CHARLOTTESVILLE CITY
Lot
- Zoning:
- R-B
- View:
- City
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_CAAR
This listing courtesy of:
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE, BRADLEY J PITT
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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