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Map
$1,125,000
●
Multifamily -
For Sale
512 RIDGE ST ST
CHARLOTTESVILLE, VA 22902
Studio
0 Bath
$5,524
Estimated Monthly
$0
HOA / Fees
About This Property
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.
Unit Size
-
Days on Market
20 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$583
HOA Dues
-
Year Built
1957
Listed By
Last updated: 14 days ago (Bright MLS #582158)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 9, 2024 | Relisted | $1,125,000 | |
Relisted | |||
Mar 15, 2024 | In contract | - | |
In contract | |||
Oct 4, 2018 | Listed by REAL ESTATE III - NORTH | $1,125,000 | |
Listed by REAL ESTATE III - NORTH |
Property Highlights
Interior Details
Basement Information
Has Basement
Heated, Partially Finished, Walkout Level, Windows
Exterior Details
Property Information
Ownership Interest: Other
Year Built Source: Estimated
Building Information
Construction Not Completed
Foundation Details: Block
Roof: Composite
Structure Type: Twin/Semi-Detached
Financial Details
Tax Year: 2018
Tax Annual Amount: $7,000
Utilities Details
Cooling Type: Heat Pump(s)
Heating Type: Forced Air, Heat Pump(s)
Heating Fuel: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
2
Beds
2
Baths
2,155 ft²
$510/ft²
$1,100,000
Jan 9, 2024
$1,100,000
Feb 27, 2024
$600/mo
Sold
House
3
Beds
3
Baths
2,078 ft²
$450/ft²
$934,500
Sep 22, 2023
$934,500
Oct 27, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
512 Ridge Street
512 Ridge Street, Charlottesville, VA 22902
- 1 Unit for Sale