Year Built: 1925
Considered Historic?:
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.
Details about Cherry AveAcreage: 0.17
Price: $500,000.
For more information contact Gayle Harvey Real Estate at 434-220-0256 or E-mail us!
Year Built: 1925
Considered Historic?:
Great development opportunity with RN-A zoning which allows a property owner to get up to three units on one lot by preserving the existing building on the site while building a new one. They could get up to six units on the lot if the bonus units are affordable to households at 60% of the local Area Median Income. There is a curb cutout already on the 2nd lot! Walking distance to Dairy Market makes this a great opportunity! Home remodeled in 2005 and new tin roof installed at that time. Has been used as a rental for University students.
Details about 9th StAcreage: 0.14
Price: $699,000.
For more information contact Gayle Harvey Real Estate at 434-220-0256 or E-mail us!
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