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.
Closed
$420,000
1101 Cherry Ave, Charlottesville, VA 22903
3beds
1,850sqft
Single Family Residence
Built in 1925
7,405.2 Square Feet Lot
$431,900 Zestimate®
$227/sqft
$2,715 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 08, 2025 at 12:13pm
Listed by:
BRADLEY J PITT 434-422-0352,
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Bought with:
GAVIN K SHERWOOD, 0225220316
YES REALTY PARTNERS
Source: CAAR,MLS#: 652597
Originating MLS: Charlottesville Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Solar Hot Water, Dryer, Washer
Features
- Primary Downstairs, Entrance Foyer, Utility Room
- Flooring: Carpet, Hardwood, Vinyl
- Windows: Insulated Windows, Screens
- Basement: Unfinished
Interior area
- Total structure area: 2,706
- Total interior livable area: 1,850 sqft
- Finished area above ground: 1,850
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Garage Faces Side
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch
- Exterior features: Awning(s)
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 7,405 sqft
- Features: Near Public Transit
- Topography: Rolling
Details
- Parcel number: 230071000
- Zoning description: RB Residential-Business District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Stick Built
- Foundation: Stone
- Roof: Metal,Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Charlottesville
- Subdivision: FIFE ESTATE
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$431,900
2% more+$8,638
With Zillow Showcase(estimated)$440,538