Opportunity to purchase 9 home sites located in the heart of Charlottesville! The portfolio consists of 9 continguous or near-continguous parcels zoned R-A (Low Density Residential). While "Low-Density" traditionally implied single family homes, the new "Charlottesville Zoning Ordinance could possibly permit up to 3 units per lot by-right, and up to 6 unites with affordability bonuses. The opportunity to develop a residential cluster of homes that meet the growing demand of walkable housing in the City of Charlottesville is waiting for a developer with a desire to build and make a significant impact in the local real estate market. A short walk to Washington Park and Recreaction Center with pool. Additional information available on approved plans.
Listed By
Agency Name: HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Agency Phone: 4349515155
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimated Payment
$ 4,984.18 per month $3,327.22 Principal & Interest $1,220.92 Property Tax $436.04 Homeowner's Insurance
Lot 1 Preston Ave | MLS# 675999
This land located at Lot 1 Preston Ave , Charlottesville, VA 22903 is currently listed for sale with an asking price of $1,495,000. The property has approximately 0.73 Acres. Lot 1 Preston Ave is located within the CHARLOTTESVILLE CITY PUBLIC SCHOOLS school district. Search Charlottesville real estate on www.maverickrealtyusa.com today.