512 Ridge St
Charlottesville, VA 22902
- – beds
- – baths
- – sqft
- 1957 build
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.
Listing courtesy of BRIGHT / REAL ESTATE III, INC.
Last checked:
Checking…
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Last updated Oct 21, 2024
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MLS# 582158 —
The Building
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Year Built:1957
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Year Built Source:Estimated
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New Construction:No
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Construction Completed:No
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Historic:No
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Building Units Total:2
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Roof:Composite
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Heated, Partially Finished, Walkout Level, Windows
Interior
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Fireplace:No
Financial & Terms
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Sale Type:Standard
Location
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Directions:From 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 you can see behind the property.
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Latitude:38.02647600
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Longitude:-78.48730800
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Acres:1.00
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Zoning:R-2
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Zoning Description:Two Family Residential
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Road Responsibility:Public
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Water View:No
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Water Oriented:No
Listing Agent
- Contact info:
- Agent phone:
- (434) 218-0043
- Office phone:
- (434) 817-9300
Taxes
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Tax Year:2018
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Tax Annual Amount:$7,000
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling:No
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Cooling Type:Heat Pump(s)
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Central Air:No
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Heating:Yes
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Heating Type:Forced Air, Heat Pump(s)
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
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Internet Services:Cable, DSL
Schools
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Middle School:Walker & Buford
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High School:CHARLOTTESVILLE
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School District Name:Charlottesville City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
Parking
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Garage:No
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/9/24
Jul 9, 2024
|
Pending | BRIGHT | $1,125,000 | |
4/9/24
Apr 9, 2024
|
Relisted | BRIGHT | $1,125,000 | |
3/15/24
Mar 15, 2024
|
Pending | BRIGHT | $1,125,000 |