Seller Financing
Address
512 Ridge St, Charlottesville, VA
Price
$ 1,125,000
Property Attributes
- MLS#582158
- TypeMulti-Family
- CountyCHARLOTTESVILLE
- CityCharlottesville
- AreaCharlottesville
- Zip22902
- StyleDuplex Over/Under
- Year Built1957
- Taxes$ 7000
- Price$ 1,125,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1511
- Lot Size1 Acres
Data Source:
Charlottesville MLS (CAARMLS)
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 | |
|---|---|
| 10/5/2020 | Listed $1,250,000 |
| 1/13/2023 | 10% - $1,125,000 |
General Features
| AVM | Yes |
|---|---|
| Access | Public Road |
| Area | Charlottesville |
| Basement | Heated, Partly Finished, Walk Out, Windows |
| Cable/Internet Available | Cable, DSL |
| City | CHARLOTTESVILLE |
| Class | MULTI-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 |
| DOM | 1668 |
| 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 |
| Green Features | No |
| Gross Rent | 1565 |
| HOA | No |
| Heating | Forced Air, Heat Pump, Natural Gas |
| High School | Charlottesville |
| Historic District | No |
| Legal Description | Parcel ID #290274000 - LOT 1 |
| Middle School | Walker & Buford |
| New Construction | No |
| Over 55 Community | No |
| Owner Pays | None |
| Parcel Number | 290274000 |
| Postal Code | 22902 |
| Price Per Sq Ft | 744.54 |
| Primary City | Charlottesville |
| Roof | Composition Shingle |
| Status | Active |
| Status | Active |
| Street Name | RIDGE ST |
| Subdivision | VA |
| Subdivision | NONE |
| Tax Year | 2018 |
| Taxes | 7000 |
| Type | Duplex Over/Under |
| Virtual Tour | https://www.corelistingmachine.com/home2/4ZB423 |
| Water | Public Water |
| Year Built | 1957 |
| Zoning | R-2 Two Family Residential |
Interior Features
| Air Conditioning | Heat Pump |
|---|---|
| Total Finished Sq. Ft. | 1511 |
| Total Number of Units | 2 |
| Unit 1: # Baths | 1 |
| Unit 1: # Beds | 2 |
| Unit 1: # Sqft | 813 |
| Unit 1: # Units | 1 |
| Unit 1: Type | 2 Bed Apt |
| Unit 2: # Baths | 1 |
| Unit 2: # Beds | 2 |
| Unit 2: # Sqft | 698 |
| Unit 2: # Units | 1 |
| Unit 2: Type | 2 Bed Apt |
Exterior Features
| Foundation | Concrete Block |
|---|---|
| Lot Size Area | 1 |
| Sewer/Septic | Public Sewer |
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
Taxes
Visits
Year Built
Walkscore
Charlottesville Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Lynchburg MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The
