38.02676 -78.48669

506,508,510,512 RIDGE ST Charlottesville, VA 22902

Janice Taylor
Janice Taylor
Associate Broker
200 Westgate Parkway Suite 102 Richmond VA 23233
Let us help you!
209800611 38.02676 -78.48669 101 /listing/209800611-150474812/506508510512-ridge-st-charlottesville-va-22902 False 0 2600000.0 9197 105 577706 False
  • $2,600,000
  • 506,508,510,512 RIDGE ST Charlottesville, VA 22902
  • 9,197 sqft
  • Est payment $13957.36/mo

Property & Neighborhood Info

Courtesy Of REAL ESTATE III - NORTH

Multi-Family in CHARLOTTESVILLE

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 Charlottesville Mall and only minutes from the University of Virginia. With a 50% Down-payment, Owner Financing Available!

Courtesy Of REAL ESTATE III - NORTH
  1. 9,197 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1867
  • School District: Clark
  • School District3: Charlottesville
  • County: Charlottesville
  • Tax Year: 2018
  • Units: 10
  • MLS Number:577706

Additional Features

  • Air Conditioning:
    • Heat Pump
  • Sqft Source:
    • Public Records
  • Green Features:
    • No
  • New Construction:
    • No
  • Occupied By:
    • Tenant
  • Foundation:
    • Concrete Block
  • Over 55 Community:
    • No
  • Heating:
    • Forced Air
    • Heat Pump
  • Septic:
    • Public Sewer
  • Access:
    • Bus on City Route
    • Public Road
  • Middle School:
    • Walker & Buford
  • Water:
    • Public Water
  • Zoning:
    • R-2 Two Family Residential
  • Legal Description:
    • TMP 290277000, TMP 290276000, TMP 290275000, TMP 290274000
  • Owner Pays:
    • Taxes
  • CDOM:
    • 519
  • HOA:
    • No
  • Services:
    • Exclusive Right to Sell
    • Full Service
  • Gross Rent:
    • 0
  • Historical District:
    • Yes
  • Other Income/Mo:
    • 0
  • Taxes:
    • 12000
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.