VA > Charlottesville
Charlottesville, VA 22902,512 RIDGE ST
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Charlottesville, VA 22902,512 RIDGE ST
Charlottesville, VA 22902,512 RIDGE ST
Charlottesville, VA 22902,512 RIDGE ST
Charlottesville, VA 22902,512 RIDGE ST
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Beverly Stermer

Beverly Stermer

+1(540) 294-3145
$ 1,125,000
Est. payment /mo
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Pending

512 RIDGE ST Charlottesville, VA 22902

4 Beds

2 Baths

1,511 SqFt

UPDATED:

10/21/2024 09:41 PM

Key Details

Property Type Multi-Family

Sub Type Duplex Over/Under

Listing Status Pending

Purchase Type For Sale

Square Footage 1,511 sqft

Price per Sqft $744

MLS Listing ID 582158

Bedrooms 4

Year Built 1957

Annual Tax Amount $7,000

Tax Year 2018

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Duplex Over/Under

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

Area Charlottesville

Zoning R-2 Two Family Residential

Rooms

Basement Heated, Partly Finished, Walk Out, Windows

Interior

Heating Forced Air, Heat Pump, Natural Gas

Exterior

Roof Type Composition Shingle

Building

Foundation Concrete Block

Sewer Public Sewer

Water Public Water

New Construction No

Schools

Elementary Schools Summit

Middle Schools Walker & Buford

High Schools Charlottesville

Others

SqFt Source Public Records

Virtual Tour https://www.corelistingmachine.com/home2/4ZB423

Charlottesville MLS (CAARMLS)
Listed by REAL ESTATE III, INC.
agent

Beverly Stermer

Associate Broker | License ID: 0225206378

+1(540) 294-3145

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512 RIDGE ST