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.
Listed By
Agency Name: EXP REALTY LLC - STAFFORD
Agency Phone: 4344225664
Shown By
Agent Name: Greg Spicer Team "Serving your Real Estate needs since 1986"
Agent Phone: (804) 839-9966
Estimated Payment
$ 2,883.09 per month $2,444.72 Principal & Interest $292.83 Property Tax $145.54 Homeowner's Insurance