Charlottesville, VA 22902 512 Ridge St
$1,125,000
4 more
Presented By:
Home Details
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.
Presented By:
Interior Features for 512 Ridge St
Bedrooms
Unit 2: # Beds2
Unit 1: # Beds2
Bathrooms
Unit 1: # Baths1
Unit 2: # Baths1
Other Interior Features
Unit 1: # Units1
Unit 2: # Units1
Unit 2: Type2 Bed Apt
Unit 2: # SQFT698
Unit 1: Type2 Bed Apt
Unit 1: # SQFT813
Total Finished SQ. FT.1511
Road Maint
Air ConditioningHeat Pump
BasementHeated, Partly Finished, Walk Out, Windows
Total Number of Units2
General for 512 Ridge St
AVMYes
AccessPublic Road
AreaCharlottesville
Cable/Internet AvailableCable, DSL
CityCHARLOTTESVILLE
ClassMULTI-FAMILY
Coming Soon 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 townhome
DOM1963
DirectionsFrom Downtown, take McIntire to Ridge, property is on Ridge St on the left between Oak and Elliott. You can view land by going from Ridge Street, to left on Elliott, left on Burnett to end of street and
Green FeaturesNo
Gross Rent1565
HOANo
HeatingForced Air, Heat Pump, Natural Gas
High SchoolCharlottesville
Historic DistrictNo
Legal DescriptionParcel ID #290274000 - LOT 1
Middle SchoolWalker & Buford
New ConstructionNo
Over 55 CommunityNo
Owner PaysNone
Parcel Number290274000
Postal Code22902
Price Per Sq Ft744.54
Primary CityCharlottesville
RoofComposition Shingle
StatusActive
StatusActive
Status Detail0
Street NameRIDGE ST
SubdivisionNONE
SubdivisionVA
Tax Year2018
Taxes$7,000
TypeDuplex Over/Under
Virtual TourClick here
WaterPublic Water
Year Built1957
ZoningR-2 Two Family Residential
Exterior for 512 Ridge St
FoundationConcrete Block
Lot Size Area1
Sewer/SepticPublic Sewer
Additional Details
Price History
Schools
Middle School
Walker & Buford Middle School
High School
Charlottesville High School
Elementary School
Clark Elementary School
Andrew Bernstein
Associate