x
Seller Financing
Address
506,508,510 Ridge St Charlottesville, VA
Price
$ 1,450,000
Property Attributes
  • MLS#582184
  • TypeMulti-Family
  • CountyCHARLOTTESVILLE
  • CityCharlottesville
  • AreaCharlottesville
  • Zip22902
  • Style4+ Apts
  • Year Built1957
  • Taxes9000
  • Price$ 1,450,000
  • Bedrooms13
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage7900
  • Lot Size0.65 Acres
Listing Provided Courtesy Of:
REAL ESTATE III - NORTH
Property Description

Fantastic Investment opportunity with 3 income producing properties. Current 3 properties consist of two triplexes & one duplex (8 rental units). Great monthly income. Shown by appointment only. Income information available. Access off of city street. Walk to the downtown Charlottesville Mall and only minutes from the University of Virginia. Property sold subject to completion of a boundary line survey adjusting the land behind the three parcels over to 512 Ridge Street, which is also for sale as a development property MLS# 582158, that has an acre of land and the duplex located between Ridge and Burnett Street and the City Cemetery. See aerial photos. With a 50% Down-payment, Owner Financing Available!

Elementary School Middle School High School
Clark Elementary School Walker & Buford Middle School Charlottesville High School
Price History
11/9/2018 Listed $1,450,000

General Features

Access Public Road
Class MULTI-FAMILY
Green Features No
HOA No
High School Charlottesville
Legal Description TMP290277000
Listing Area Charlottesville
Listing Status Active
Middle School Walker & Buford
New Construction No
Over 55 Community No
Price Per Sq Ft 183.54
Status Active
Subdivision NONE
Tax Year 2018
Taxes 9000
Type 4+ Apts
Year Built 1957
Zoning R-2 Two Family Residential

Interior Features

Air Conditioning Heat Pump
Heating Heat Pump
Total Finished Sq. Ft. 7900
Total Number of Units 8
Unit 1: # Baths 3
Unit 1: # Beds 6
Unit 1: # Sqft 3049
Unit 1: # Units 3
Unit 1: Type 4+ Bed Apt
Unit 2: # Baths 2
Unit 2: # Beds 4
Unit 2: # Sqft 1511
Unit 2: # Units 2
Unit 2: Type 4+ Bed Apt
Unit 3: # Baths 3
Unit 3: # Beds 3
Unit 3: # Sqft 3126
Unit 3: # Units 3
Unit 3: Type 4+ Bed Apt

Exterior Features

Foundation Concrete Block
Lot Size Area 0.65
Sewer/Septic Public Sewer
Water Public Water

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 $1.89M
$1.45M
Taxes
AVG $9,333
$9,000
Visits
AVG 25
25
Year Built
AVG 1927
1957
Walkscore
AVG 85
83
Data Provided by Walkscore ® not using MLS data

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