Homes for sale - 512 RIDGE ST, Charlottesville, VA 22902

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$1,125,000

Est. payment - /mo

1 Acres Lot

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UPDATED:

10/21/2024 07:02 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 582158

Style Other

HOA Y/N N

Originating Board CAAR

Year Built 1957

Annual Tax Amount $7,000

Tax Year 2018

Lot Size 1.000 Acres

Acres 1.0

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 City

Zoning R-2

Rooms

Basement Heated, Partially Finished, Walkout Level, Windows

Interior

Heating Forced Air, Heat Pump(s)

Cooling Heat Pump(s)

Fireplace N

Heat Source Natural Gas

Exterior

Roof Type Composite

Accessibility None

Road Frontage Public

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

Middle Schools Walker & Buford

High Schools Charlottesville

School District Charlottesville City Public Schools

Others

Senior Community No

Ownership Other

Special Listing Condition Standard

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Listed by TIM CARSON • REAL ESTATE III, INC.

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

512 RIDGE ST Charlottesville, VA 22902

William Mercogliano III

William Mercogliano III

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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