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About This Home
This 0-bedroom, 0-bathroom single family at 601 Cherry Avenue in Charlottesville, VA is listed for $3,200,000. Built in 1966, on a 0.65 acres lot.
This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction.
It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity!
Key Features
- Built in 1966
- 0.65 acre lot
Property Details
Monthly Cost Estimate
$17,114/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
601 Cherry Avenue
Charlottesville, VA 22903
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom single family at 601 Cherry Avenue is listed at $3,200,000. The estimated monthly payment is $13,867 based on 20% down at 6.5% interest.
Key features include: Built in 1966, 0.65 acre lot.
This property is listed by Travis Kidd and can be reached at 8043872084 or tkidd@erawoodyhogg.com.
