512 RIDGE ST

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Address: 512 RIDGE ST, CHARLOTTESVILLE, Virginia, US

Washington DC + 2-4 Units

Created date: February 25, 2024

Date last updated: April 16, 2024

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.

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$1,125,000
No. of Units:	2
Year Built:	1957
Lot Size:	1,511.00 Sq ft
Opportunity Zone:	No
Price per unit:	$562,500
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	2

Address: 512 RIDGE ST, CHARLOTTESVILLE, VA 22902, USA

Provided by:

Standard Status: Active

MLS Listing Number: 582158

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