Active
512 RIDGE ST
CHARLOTTESVILLE VA, 22902
$1,125,000
$744.54 per sqft
Active
4 Beds
2 Baths
1,511 sqft
Multi-family
Built in 1957
Fantastic Development/Investment Potential currently has existing over/under duplex on Ridge Street and the extra land attached is ideal for future possible construction of new apartments or townhomes. Shown by appointment only, no visits to property without agent knowledge or permission. Access off of city street. Walk to the downtown Charlottesville Mall and only minutes from the University of Virginia. With the new zoning in place in 2024, the development plan should potentially allow for 13 luxury townhomes or about 30 apartments. Architect plans for the homes and the site plan are available upon request.
582158
MLSⓇ ID
October 4, 2018
Listed
May 9, 2024
Updated
Map
512 RIDGE ST
CHARLOTTESVILLE VA, 22902
Interior Features
Bedrooms
4
Total Bathrooms
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Heat Pump, Natural Gas
Exterior/Building Features
Lot Size
1 Acre
Roof
Composition Shingle
Sewer
Public Sewer
School Information
School District
2 Bed Apt
High School
Charlottesville
Elementary School
Clark
Other Property Details
Area Name
Charlottesville
Taxes
$7,000
Tax Frequency
Annually
Days on Market
1975
Garage
No
View
No
County
Charlottesville
Water Source
Public Water
Pool
No
Zoning
R-2 Two Family Residential
Courtesy of TIM CARSON with REAL ESTATE III - NORTH
Listing Contact: 434-218-0043
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