Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6-12 multi-family units for apartments or condos. The current residence is a traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, and outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.,Wood Cabinets,Fireplace in Bedroom
Mls | 639297 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1935 |
Days On Site | 636 |
Listing Provided By | REAL ESTATE III, INC. | DEBBIE CASH |
Beds | 2 |
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Baths | 1 Total |
Sq Feet | 1,514 |
Basement | Y |
Storys | 1 |
Zoning | R-B |
Acreage | 0.42 |
Property View | Yes |
State | VA |
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County | Charlottesville City |
City | Charlottesville |
Zip Code | 22902 |
Community Name | Belmont |
School District | Charlottesville City Public Scho |
Elementary School | Clark |
Middle School | Walker & Buford |
High School | Charlottesville |
Listing VS Median (in Belmont) | |
Price: $750,000 low | high Med: $217,450 SqFt: 1,514 low | high Med: 1,403 $ / SqFt: $495 low | high Med: $164 On Site: 636 low | high Med: 484.000000 |