512 Ridge Street
Charlottesville, VA 22902

MLS ID# 582158 Active
Duplex Over/Under

$1,125,000

2 units


Details for 512 Ridge Street, 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.

Features and Details

  • Category Multi-Family
  • Type Duplex Over/Under
  • Area/Neighborhood
  • County Charlottesville
  • Acreage 1
  • MLS ID# 582158
  • Year Built 1957
  • Garage Capacity 0
  • Total Units 2
  • Living Area 1511 sqft
  • Room Name Size
Access
Public Road
Basement
Heated, Partly Finished, Walk Out, Windows
Cable/Internet
Cable, DSL
Foundation
Concrete Block
Heating
Forced Air, Heat Pump, Natural Gas
Owner Pays
None
This listing was last updated on 4/16/2024 3:21:27 PM.