x
Seller Financing
Address
506,508,510,512 Ridge Street Charlottesville, VA
Price
$ 2,725,000
Property Attributes
  • MLS#VACO100146
  • TypeMulti-Family
  • CountyCHARLOTTESVILLE CITY
  • CityCharlottesville
  • Zip22902
  • StyleColonial
  • Year Built1867
  • Taxes13859
  • Price$ 2,725,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.65 Acres
Listing Provided Courtesy Of:
Real Estate III
Property Description

Fantastic Development /Investment Potential with 4 properties that have extra land attached for the future possible construction of new apartments or townhomes. Current 4 properties consist of two duplexes, two triplexes (10 rental units). Great monthly income. Buy now, collect the income while you develop /build the new units. Possible to restore the two older homes and sell them. Shown by appointment only. Access off of city street. Walk to the downtown CharlottesvilleMall and only minutes from the University of Virginia. With a 50% Down-payment, Owner Financing Available!

Elementary School Middle School High School
Clark Elementary School Buford Middle School Charlottesville High School
Price History
9/16/2019 Listed $2,725,000

General Features

Accessibility Doors - Swing In
Cool Fuel Electric
County CHARLOTTESVILLE CITY
Elementary School CLARK
Garage Y/N No
High School CHARLOTTESVILLE
Middle/Junior School BUFORD
New Construction No
One Bedroom Units Count 3
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 296.29
Property SubType Other
Property Type Multi-Family
School District CHARLOTTESVILLE CTY PUBLIC SCHOOLS
Structure Type Detached
Tax Year 2019
Total Units 4
Two Bedroom 6
Vacation Rental Y/N No
Zoning R-2H

Interior Features

Central Air Y/N No
Cooling Heat Pump(s)
Heating Forced Air, Heat Pump(s)
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 9197
Three Bedroom Units Count 1

Exterior Features

Architectural Style Colonial
Construction Materials Brick, Block, Concrete
Lot Size Acres 1.65
Lot Size Source Assessor
Lot Size Square Feet 71874.00
Navigable Water Y/N No
Other Structures Above Grade
Pool Y/N No Pool
Sewer Public Sewer
Type of Parking Driveway, Off Street, On Street
Water Access Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22902

Price
AVG $1.68M
$2.73M
Taxes
AVG $8,952
$13,859
Visits
AVG 41
58
Year Built
AVG 1919
1867
Walkscore
AVG 75
84
Data Provided by Walkscore ® not using MLS data

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