County/City: Charlottesville

Subdivision: BELMONT

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.

Property Details

Property Type: Detached

Acreage: 0.42

Taxes: $3987 as of 2024

Year Built: 1935

Pool: Yes

Garage: Yes

Exterior Details

Wood

Interior Details

Sq. Ft. Finished: 1020   Sq.Ft. Unfinished: 934

Bedrooms: 2

Full Baths: 1   Half Baths: 0

Basement: Yes

Fireplaces: Wood Burning

Cooling: Central Heat,Forced Air,Natural Gas

Heating: Central AC

School Details

Elementary School: Summit

Middle School: Walker & Buford

High School: Charlottesville

Listing Firm: REAL ESTATE III, INC., Contact information: 434-960-5501

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