Address
512 Ridge St Street, Charlottesville, VA
Price
$ 1,125,000
Property Attributes
- MLS#582158
- TypeMulti-Family
- CountyCHARLOTTESVILLE CITY
- CityCharlottesville
- Zip22902
- Style
- Year Built1957
- Taxes$ 7000
- Price$ 1,125,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1 Acres
Data Source:
Bright MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Clark Elementary School | Walker & Buford Middle School | Charlottesville High School |
| Price History | |
|---|---|
| 2/2/2023 | Listed $1,125,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Heat Pump(s) |
| Cooling | Heat Pump(s) |
| Roof | Composite |
| Zoning | R-2 |
| Architectural Style | Other |
| Year Built | 1957 |
| Property SubType | Duplex |
| Tax Year | 2018 |
| Percent Ownership | Other |
| Gross Income | 1565.00 |
| OwnerPays | None |
| Accessibility | None |
| County | CHARLOTTESVILLE CITY |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | NONE AVAILABLE |
| Garage Y/N | No |
| Status | ACTIVE |
| Directions | From Downtown,take McIntire to Ridge,property is on Ridge St on the left between Oak and Elliott. You can view land by going from Ridge Street,to left on Elliott,left on Burnett to end of street and |
| ModificationTimestamp | 2024-05-01T15:02:34 |
| City | CHARLOTTESVILLE |
| Buyer Agent Compensation | 2 |
| Disclosures | Exempt - Disclosure/Disclaimer |
| Zoning Description | Two Family Residential |
| Total Units | 2 |
| Street Name | RIDGE ST |
| Tax Annual Amount | 7000.0 |
| Structure Type | Twin/Semi-Detached |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft | 744.54 |
| Construction Completed Y/N | No |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://www.corelistingmachine.com/home2/4ZB423 |
| Days on Market | 1976 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Base |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Heated,Partially Finished,Walkout Level,Windows |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Foundation Details | Block |
| Water View Y/N | No |
| Lot Size Acres | 1.00 |
| Road Responsibility | Public |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 22902
Price
Taxes
Visits
Year Built
Walkscore
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