For more information on this property, contact Pam Dent at 434960-0161 or [email protected]

512 RIDGE ST
CHARLOTTESVILLE, Virginia VA 22902
Price: $1,125,000
Listing ID 582158
Status Active
SqFt 1,511
Acres 1
Year Built 1957

Property Description:

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.

Primary Features

Price/SqFt: 744.54
Property Sub Type: Duplex Over/Under
Year Built: 1957
Zoning: R-2 Two Family Residential

Interior Features

Air Conditioning: Heat Pump
Basement: Heated, Partly Finished, Walk Out, Windows
Heating: Forced Air, Heat Pump, Natural Gas
Source of SqFt: Public Records
Unit 1: Number of Baths: 1
Unit 1: Number of Beds: 2
Unit 1: Number SqFt: 813
Unit 2: Number of Baths: 1
Unit 2: Number of Beds: 2
Unit 2: Number SqFt: 698

External Features

Access: Public Road
Roof: Composition Shingle

Additional

Agent Hit Count: 653
Cable/Internet Available: Cable, DSL
Client Hit Count: 133
Foundation: Concrete Block
Green Features: no
HOA: no
Legal Description: Parcel ID #290274000 - LOT 1
Lender- Owned: no
New Construction: no
Number of Units: 2
Originating Board: CAAR
Over 55 Community: no
Sewer/Septic: Public Sewer
Unit 1: Number Units: 1
Unit 1: Type: 2 Bed Apt
Unit 2: Number Units: 1
Unit 2: Type: 2 Bed Apt
Water: Public Water

Location Information

County: Charlottesville
Elementary School: Clark
High School: Charlottesville
Historic District: no
Middle School: Walker & Buford
Parcel Number: 290274000
Subdivision: NONE

Financial Details

Gross Rent: 1565
Owner Pays: None
Tax Year: 2018
Taxes: 7000

Zoning Info


Listing courtesy of REAL ESTATE III - NORTH
© 2024 Charlottesville Area Association of Realtors® (CAAR). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. The Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Data last updated: Thursday, April 18th, 2024 at 03:47:21 PM.

Contact - Listing ID 582158

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Pam Dent

154 Hansen Rd, Suite 102B
Charlottesville, VA 22911
Phone: 434960-0161

Data services provided by IDX Broker
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