Seller Financing
Listed By:
REAL ESTATE III - NORTH
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. Owner will cooperate with zoning change to obtain higher density for construction of new units. With a 50% Down-payment, Owner Financing Available! Owner may be willing to participate in a rezoning to achieve the highest density possible.

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

Accessibility None
Architectural Style Other
Basement Heated, Partially Finished, Walkout Level, Windows
Construction Completed Y/N No
Cooling Heat Pump(s)
County CHARLOTTESVILLE CITY
Days on Market 1775
Elementary School CLARK
Garage Y/N No
Heating Forced Air, Heat Pump(s)
High School CHARLOTTESVILLE
Historic Y/N No
Middle/Junior High School WALKER & BUFORD
New Construction No
Other Units Unit 1, Unit 2
Percent Ownership Other
Price Per Sq Ft 744.54
Property SubType Duplex
Property Type Multi-Family
Roof Composite
School District 121138065239
School District CHARLOTTESVILLE CTY PUBLIC SCHOOLS
Sewer Public Sewer
Structure Type Twin/Semi-Detached
Subdivision Name NONE AVAILABLE
Tax Annual Amount 7000.0
Tax Year 2018
Total Units 2
Vacation Rental Y/N No
Year Built 1957
Zoning R-2
Zoning Description Two Family Residential

Interior Features

Central Air Y/N No
Fireplace Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes

Exterior Features

Foundation Details Block
Lot Size Acres 1.00
Road Responsibility Public
Water Oriented Y/N No
Water Source Public
Water View 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
AVG $1.46M
$1.13M
Taxes
AVG $8,991
$7,000
Visits
AVG 251
247
Year Built
AVG 1942
1957
Walkscore
AVG 93
87
Data Provided by Walkscore ® not using MLS data

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