MLF - 4+ Apts

506,508,510,512 Ridge St

Charlottesville, VA 22902

$2,725,000

  • Beds
  • Baths
  • 9197 sqft/ 1.65 acres
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!

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Key Details

  • MLS ID 577706
  • Year Built 1867
  • Type MLF - 4+ Apts
  • Area 9197 sqft
  • Acres 1.65

Additional Information

  • Cooling Heat Pump
  • Heating Forced Air,Heat Pump

Schools

  • Middle School Walker & Buford
  • High School Charlottesville
Listed By: REAL ESTATE III - NORTH

$2,725,000

  • Beds
  • Baths
  • 9197 sqft/ 1.65 acres

Want to know more about this listing?

Contact