1210 Cherry Ave , Unit 2, Charlottesville, VA 22903

$499,000
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New to the Market Active
BEDS0 BATHS SQUARE FEET1,440 MLS#678063
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

CALLING BUILDERS & INVESTORS ? a rare 0.22-acre R-B redevelopment site in the heart of the Cherry Avenue corridor, a short walk to UVA Medical Center and downtown Charlottesville. Zoned Residential-B under the 2024 Development Code: up to 6 dwelling units by-right, up to 12 with the affordability bonus, and no off-street parking required. The 0.22-acre footprint ? roughly triple the typical corridor lot ? gives you real room to design. An existing duplex (two 2BR/1BA units) generates income to carry the site while you permit and plan, with one unit delivered vacant at closing. The value here is the land and the entitlements: bring your plans and build by-right while the code is generous. Buyer to verify zoning, buildable unit count, and all development potential with the City. Steps to Tonsler Park, West Main, IX Park, and 5th Street Station; minutes to I-64 and Amtrak. Sold as-is. Renovated in 2023. Do not disturb occupants; drive-by welcome, interior by appointment.

1210 Cherry Ave , Unit 2 | MLS# 678063

This multi-family property located at 1210 Cherry Ave , Unit 2, Charlottesville, VA 22903 is currently listed for sale with an asking price of $499,000. Search Charlottesville real estate on www.montaguemiller.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, ENERGY STAR Qualified Equipment
Heating: Electric
Lot Size: 0.22 Acres
Taxes: $3,514
Year Built: 1952

Feature Descriptions

Days on Site: 1
Parcel#: 230175000
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Fiber Optic Available
Water: Public

Local Schools

High School: Charlottesville
Middle School: Charlottesville Middle
Elementary School: Tall Oaks

Listed By / Shown By

Listed By

Agency Name: EXP REALTY LLC - STAFFORD
Agency Phone: 434-422-5664

Shown By

Agency Title: Montague Miller & Co. Realtors
Agency Phone:

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Estimated Payment

$ 1,548.93 per month $1,110.56 Principal & Interest $292.83 Property Tax $145.54 Homeowner's Insurance

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