About 512 Ridge St
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 of 512 Ridge St
| MLS® # | 582158 |
|---|---|
| Price | $1,125,000 |
| Bathrooms | 0.00 |
| Acres | 1.00 |
| Year Built | 1957 |
| Type | Multi-Family |
| Sub-Type | Duplex, Twin/Semi-Detached |
| Style | Other |
| Status | Pending |
Community Information
| Address | 512 Ridge St |
|---|---|
| Subdivision | NONE AVAILABLE |
| City | CHARLOTTESVILLE |
| County | CHARLOTTESVILLE CITY-VA |
| State | VA |
| Zip Code | 22902 |
| Senior Community | N |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air, Heat Pump(s) |
|---|---|
| Cooling | Heat Pump(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished, Walkout Level, Heated, Windows |
| Central Air | N |
Exterior
| Style | Other |
|---|---|
| Roof | Composite |
| New Construction | N |
| Foundation | Block |
School Information
| District | CHARLOTTESVILLE CITY PUBLIC SCHOOLS |
|---|---|
| Elementary | CLARK |
| Middle | WALKER & BUFORD |
| High | CHARLOTTESVILLE |
Additional Information
| Date Listed | October 4th, 2018 |
|---|---|
| Days on Market | 2045 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REAL ESTATE III, INC. |
|---|