$1,125,000
Pending
51 Days Online
4 Beds2 Baths1,511 SQFT
Pending

512 Ridge St Charlottesville, VA 22902

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCharlottesville
  • Taxes$7,000
  • HOA/Condo/Coop Fees$0
  • Days on Site50 Days
  • MLS StatusPending
  • MLS ID Number582158
  • Home Size Source N/A
  • Year Built1957
  • Lot Size1 Acre
  • Full Baths2
  • Partial BathsN/A

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Schools

School District
Charlottesville
Elementary School
Clark Elementary School
Middle School
Walker & Buford Middle School
High School
Charlottesville High School

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Monthly Payment (Est.)

$5,466
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