Address
512 Ridge St Charlottesville, VA
Price
$ 1,250,000
Property Attributes
  • MLS#582158
  • TypeMulti-Family
  • CountyCHARLOTTESVILLE
  • CityCharlottesville
  • AreaCharlottesville
  • Zip22902
  • StyleDuplex Over/Under
  • Year Built1957
  • Taxes7000
  • Price$ 1,250,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1511
  • Lot Size1 Acres
Listing Provided Courtesy Of:
REAL ESTATE III - NORTH
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. Owner will cooperate with zoning change to obtain higher density for construction of new units. With a 50% Down-payment, Owner Financing Available! Owner may be willing to participate in a rezoning to achieve the highest density possible.

Elementary School Middle School High School
Clark Elementary School Walker & Buford Middle School Charlottesville High School
Price History
10/5/2020 Listed $1,250,000

General Features

Access Public Road
Class MULTI-FAMILY
Green Features No
HOA No
Heating Forced Air, Heat Pump, Natural Gas
High School Charlottesville
Legal Description Parcel ID #290274000 - LOT 1
Listing Area Charlottesville
Middle School Walker & Buford
New Construction No
Over 55 Community No
Price Per Sq Ft 827.27
Roof Composition Shingle
Status Active
Status Active
Subdivision NONE
Tax Year 2018
Taxes 7000
Type Duplex Over/Under
Water Public Water
Year Built 1957
Zoning R-2 Two Family Residential

Interior Features

Air Conditioning Heat Pump
Basement Heated, Partly Finished, Walk Out, Windows
Total Finished Sq. Ft. 1511
Total Number of Units 2
Unit 1: # Baths 1
Unit 1: # Beds 2
Unit 1: # Sqft 813
Unit 1: # Units 1
Unit 1: Type 2 Bed Apt
Unit 2: # Baths 1
Unit 2: # Beds 2
Unit 2: # Sqft 698
Unit 2: # Units 1
Unit 2: Type 2 Bed Apt

Exterior Features

Foundation Concrete Block
Lot Size Area 1
Sewer/Septic Public Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22902

Price
AVG $1.25M
$1.25M
Taxes
AVG $7,000
$7,000
Visits
AVG 34
34
Year Built
AVG 1957
1957
Walkscore
AVG 85
85
Data Provided by Walkscore ® not using MLS data

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