512 RIDGE ST Pending

Charlottesville,VA 22902

$ 1125000

- Bed

- Bath

- SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 582158

Style Other

Year Built 1957

Annual Tax Amount $7,000

Tax Year 2018

Lot Size 1.000 Acres

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.

Location

State VA

County Charlottesville City

Zoning R-2

Interior

Heating Forced Air,Heat Pump(s)

Cooling Heat Pump(s)

Exterior

Roof Type Composite

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Walker & Buford

High Schools Charlottesville

School District Charlottesville City Public Schools

Others

Special Listing Condition Standard

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