$394,000

Located less than 5 minutes from downtown Charlottesville, 730 5th St SW offers a unique opportunity for both single family homeowners or investors. This 3-bedroom, 2-bathroom home features single-level living with a cozy layout that provides comfort and convenience in a highly desirable location. The property offers a sense of privacy while still being within the city, along with a spacious backyard that provides plenty of room for relaxing or entertaining. With road frontage on 5th Street, the lot is easily accessible. For investors and builders, the current zoning allows for up to 8 residential units, creating strong potential for redevelopment. The existing home could also serve as a rental during a longer development timeline, helping offset holding costs while plans and permits are finalized. Whether you’re looking for a charming home close to downtown or a property with significant development potential, this one offers flexibility and opportunity in a prime Charlottesville location.