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512 Ridge St
CharlottesvilleVA 22902

$1,125,000
for sale
Tools
Brochure
Size
2
Full Baths
1,511 Sq Ft.
interior
1 Acres
Exterior
Financial
$1,125,000
Change Currency
$745
Price Per Sqft
$7,000
Annual taxes
Listing Details
Multi Family
Property type
1957
Year Built
Clark
Schools
Clark
Elementary
Walker & Buford
Middle
Charlottesville
High
3249378
Web Id
582158
MLS ID
2024
Days Posted

Description

null512 Ridge St, Charlottesville, VA, 22902

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.

This is an Active listing.

Broker Office Phone Number: 434-817-9200

Copyright © 2024Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Heat Pump
  • Composition Shingle Roof

Price History

datePricevariancetype
3/16/2024$1,125,000-Contract
1/15/2023$1,125,000 10.0 %reduced
10/4/2018$1,125,000-decreased
10/4/2018$1,250,000-Listed
Listing By: REAL ESTATE III - NORTH via Data Source: Charlottesville Area Association of REALTORS®
listing agent: TIM CARSON


Located at 512 Ridge St, Charlottesville, Virginia 22902, this Multi Family is for Sale with a price of $1,125,000 USD. The property was built in 1957, has 2 full baths. This listing has 1,511 Sq.Ft. of interior space on a lot of 1 Acres. See all Homes for Sale in Charlottesville.
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